{"id":14966,"date":"2026-08-05T19:46:33","date_gmt":"2026-08-05T19:46:33","guid":{"rendered":"https:\/\/nile1.com\/en\/?p=14966"},"modified":"2026-08-05T19:46:45","modified_gmt":"2026-08-05T19:46:45","slug":"bending-spoons-to-acquire-airtable-in-1-285-billion-all-cash-deal","status":"publish","type":"post","link":"https:\/\/nile1.com\/en\/2026\/08\/05\/bending-spoons-to-acquire-airtable-in-1-285-billion-all-cash-deal\/","title":{"rendered":"Bending Spoons to Acquire Airtable in $1.285 Billion All-Cash Deal"},"content":{"rendered":"

Bending Spoons SpA has agreed to acquire database and workflow software maker Airtable<\/a> Inc. in an all-cash deal valuing the target at $1.285 billion, marking the Italian app developer\u2019s first takeover since listing on the Nasdaq<\/a> and underscoring a sharp reset in cloud software valuations.<\/p>\n

The transaction implies an equity value of approximately $2.25 billion after accounting for Airtable\u2019s cash reserves, the companies announced Tuesday. Subject to regulatory approval, the deal is expected to close by the end of the year, transferring control of a platform used by more than 500,000 organizations\u2014including 80% of the Fortune 100\u2014to the Milan-based publisher.<\/p>\n

The purchase price represents a steep markdown from Airtable\u2019s peak valuation. Founded in 2013, the San Francisco-based startup raised more than $1.4 billion in venture funding and was valued at over $11 billion during the 2021 technology boom. Earlier this year, Airtable shares traded on secondary markets at roughly $4 billion, making Tuesday\u2019s deal value less than a quarter of its recent private market pricing and about a fifth of its high.<\/p>\n

Airtable\u2019s underlying revenue momentum has continued despite the market correction. annual recurring revenue<\/a> grew more than 20% year-over-year to approximately $480 million as of June 2026.<\/p>\n

\u201cWe\u2019re looking forward to welcoming Airtable into Bending Spoons. Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,\u201d said Bending Spoons CEO and co-founder Luca Ferrari in a company release. He also tied the price to Airtable\u2019s growth: \u201cThe value being delivered is reflected in annual recurring revenue growing over 20% YoY to approximately $480 million as of June 2026, and joining forces with Bending Spoons will accelerate innovation even further.\u201d<\/p>\n

The acquisition expands a Bending Spoons portfolio that encompasses more than 50 buyouts, including AOL, Eventbrite, Evernote, Vimeo, and WeTransfer. While Bending Spoons typically targets well-known digital assets to cut costs and revamp pricing models, Airtable differs from prior acquisitions because its revenue was still expanding at the time of the deal. Bending Spoons co-founder Matteo Danieli told TechCrunch the company views the current environment for software valuations as favorable for a buyer, saying Bending Spoons had largely avoided the reset itself while others deployed capital into it.<\/p>\n

The transaction represents the first deployment of capital by Bending Spoons since going public. The company filed its F-1 in June, revealing that 2025 revenue grew 95% year-over-year to $1.31 billion\u2014more than tripling since 2023\u2014while operating profit more than doubled to $278 million. In July, Bending Spoons priced its Nasdaq listing at $29 a share, above its marketed range, valuing the business at roughly $18.4 billion. Shares closed Monday at $36.22. First-quarter revenue for 2026 grew to $601.3 million as the company swung to a $27.5 million net profit from a $112.2 million net loss a year earlier.<\/p>\n

The takeover arrives amidst broad capital markets activity, where private valuations have reached historic highs for select technology leaders. SpaceX is trading around $1.4 trillion, while Anthropic recently raised capital at a $965 billion post-money valuation. Public listings have extended beyond software, highlighted by South Korean chipmaker SK Hynix raising about $26.5 billion after pricing its U.S. depositary receipts at $149 each.<\/p>\n

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