Italian application developer Bending Spoons SpA has signed an agreement to acquire the software company Airtable for $1.29 billion. This is reported in a press release. Bending Spoons.
The transaction is expected to be completed at the end of 2026. The deal is the first acquisition since Bending Spoons went public on the Nasdaq stock exchange in July 2026 with a valuation of $18.4 billion.
Goldman Sachs Bank Europe SE and J.P. Morgan act as advisors Bending Spoons, and AXOM Partners LLC and Latham & Watkins LLP are consultants Airtable.
Airtable's corporate valuation is $1.29 billion or $2.25 billion, including cash reserves. At the end of 2021, Airtable raised $735 million in a financing round with a market capitalization of $11.7 billion.
As part of the deal, Airtable will complement the Bending Spoons portfolio, which already includes AOL, Eventbrite, Evernote, Vimeo, WeTransfer and other assets, and strengthen Bending Spoons' position in the enterprise software market while maintaining current services and adapting to its ecosystem.
Bending Spoons SpA is an Italian investment company for the acquisition of assets in the field of software and digital services management. The headquarters is located in Milan (Italy).
Airtable is a cloud—based low-code platform for sharing relational databases. Airtable allows users without technical skills to create applications for solving a wide range of tasks — from project management and CRM to inventory, content calendar management, etc. The Airtable platform is used by more than 500 thousand organizations. The company is headquartered in San Francisco, California.
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