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

Milan-based tech conglomerate Bending Spoons this week acquired Eventbrite for $500 million, adding the event ticketing platform to its growing portfolio of recognizable consumer tech brands. The deal, announced Tuesday, marks the latest acquisition for the 12-year-old company that has quietly become one of the tech industry’s most prolific buyers — despite remaining largely unknown … Read more

Bending Spoons agrees to buy Eventbrite for $500M to revive stalled brand

Bending Spoons, a company that buys and revitalizes stagnating tech companies, has agreed to purchase Eventbrite for about $500 million, a far cry from the $1.76 billion the company was worth when it went public in 2018. Just like many of Bending Spoons’ previous acquisitions, including Evernote, Meetup, Vimeo, and AOL, Eventbrite has a strong … Read more

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

Bending Spoons’ four cofounders this week joined the billionaire ranks. CEO Luca Ferrari’s stake in the Milan-based tech conglomerate is now reportedly worth $1.4 billion, while cofounders Matteo Danieli, Luca Querella, and Francesco Patarnello each hold stakes worth $1.3 billion, according to Forbes estimates based on shareholder data published by the Italian Business Register. The … Read more

Bending Spoons to acquire AOL

Bending Spoons, one of Europe’s largest mobile app developers, announced on Wednesday that it has agreed to buy AOL from Yahoo, which is backed by private equity giant Apollo. Bending Spoons says it has secured a $2.8 billion debt financing package to support the purchase. The acquisition is expected to close by the end of … Read more

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