Bending Spoons Acquires Airtable for 1.3 Billion Dollars
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The Milan-based company Bending Spoons continues to expand and acquires the workflow platform Airtable. It is the first acquisition after its Nasdaq IPO. Bending Spoons continues its aggressive expansion strategy. The Milan-based company has agreed to acquire the workflow platform Airtable in an all-cash transaction. The enterprise value amounts to 1.285 billion dollars, which corresponds to an equity value of approximately 2.25 billion dollars. This acquisition marks Bending Spoons' first strategic acquisition since its Nasdaq IPO on July 1, 2026. The acquisition underscores Bending Spoons' business model of acquiring established digital products, enhancing them technologically with artificial intelligence, and holding them long-term in its own portfolio. To date, the portfolio already includes well-known names such as Evernote, WeTransfer, Vimeo, as well as the recent acquisitions AOL and Eventbrite. With Airtable, the company gains a platform used by over 500,000 organizations, including 80 percent of Fortune 100 companies. Airtable, founded in 2013 by Howie Liu, Andrew Ofstad, and Emmett Nicholas, combines the flexibility of a spreadsheet with the structure of a database. With annual recurring revenue of approximately 480 million dollars, the company recently recorded growth of over 20 percent year-over-year. Luca Ferrari, CEO and co-founder of Bending Spoons, emphasizes...
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