What is Bending Spoons? Everything to know about AOL’s acquirer

Core Insights - Bending Spoons' cofounders have joined the billionaire ranks, with CEO Luca Ferrari's stake valued at $1.4 billion and the other cofounders each holding stakes worth $1.3 billion [1][2] - The company's recent funding round raised $270 million from notable investors and included a $440 million secondary share sale by existing shareholders [2] - Bending Spoons has agreed to acquire AOL, further expanding its portfolio of recognizable brands [3][4] Company Overview - Bending Spoons is a tech conglomerate focused on acquiring and transforming underperforming tech brands to enhance user efficiency [4][5] - The company has a significant user base, serving over 1 billion people, with 300 million monthly active users and 10 million paying customers [5] - The company was founded from the remnants of Evertale, a failed startup, and has since shifted its focus from creating apps to acquiring and improving existing digital businesses [6][8]