AOL to acquire Gravity for approximately $83M AOL announced it has entered into an agreement to acquire Gravity, the company that created the Interest Graph. AOL has agreed to acquire Gravity for a closing purchase price of approximately $83M. An additional $7.7M of consideration will be deferred and paid over two years following closing. As part of the transaction, AOL will acquire approximately $12M of net operating losses, which is expected to result in a future cash tax benefit to AOL of approximately $5M. AOL expects the acquisition to close in 1Q14.