The ‌Italy Milan-Based Bending Spoons Corporation's Stock Shares Opened at $31 in US Markets, Valuing It At $20 billion

Italian tech company Bending Spoons—owner of AOL, Vimeo, and Evernote—surged in its U.S. market debut on Wednesday, hitting a valuation of approximately $20 billion.

The Italian Milan based company Bending Spoons buys and recycles tech companies like AOL and Vimeo.

The Strategy: The company targets well-known but struggling tech platforms and internet brands. Once acquired, they aggressively cut costs—often laying off large chunks of the original staff.The Portfolio: Their expansive roster of more than 50 acquisitions includes AOL, Vimeo, Evernote, Eventbrite, WeTransfer, Meetup, and Brightcove.The Founders: The recent market debut turned the four Italian college friends who co-founded the company—Luca Ferrari, Matteo Danieli, Francesco Patarnello, and Luca Querella—into self-made billionaires.

https://www.reuters.com/business/vimeo-owner-bending-spoons-heads-us-market-debut-after-168-billion-ipo-2026-07-01/