The site will be tailored in 16 countries worldwide, with localised ranking algorithms that change results to the most relevant to each market.
In addition, users will be able to browse their searches by channel, category, popularity and most-followed on Twitter.
Truveo currently boasts 25.6 million unique visitors a month, with 11.4 million in Europe.
The site's relaunch follows a raft of new developments at AOL, including the expansion of its publishing network MediaGlow in March and the addition of parenting website, ParentDish last month, through a deal with Bauer Media's AskaMum.co.uk.
AOL is currently in the middle of a 100-day strategy review, following its breakaway from parent company Time Warner.
Earlier this month, AOL Europe's chief executive, Dana Dunne, left the company, following more than 700 job cuts worldwide at the beginning of the year.
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