AOL purchases personalization startup Gravity for $83 million in cash

Shawn Knight

Posts: 12,810   +124
Staff member
AOL has purchased personalization startup Gravity for $83 million in cash. The deal also includes roughly $12 million of net operating losses which officials will later use as a future tax benefit to the tune of around $5 million according...

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Guest

I'm surprised AOL is still around. I thought it went out of business long ago.
 
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Guest

$83 miilion cash, they aren't who they were but they must be doing something right.