AOL to be acquired for $1.5 billion by the same company that bought Vimeo, Evernote

5 days ago 2

"You've got mail!"

While America Online, better known as AOL, is nowhere near its heights during the late 90s and early Aughts, when the dial-up service had more than 20 million paying subscribers, millions of people still hear that infamous catchphrase to this day when logging into their email account on America Online, better known as AOL.

And those millions of users are worth a significant chunk of change to the Italian app maker Bending Spoons, which just announced it was acquiring AOL from Yahoo for a whopping $1.5 billion.

"AOL is an iconic, beloved business that’s in good health, has stood the test of time, and we believe has unexpressed potential," said Bending Spoons CEO and co-founder, Luca Ferrari, in a statement along with the company's acquisition announcement. "By our estimation, AOL is one of the top ten most-used email pro...

Source: https://mashable.com/article/aol-acquired-by-bending-spoons

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