Bending Spoons Will Acquire Miro for $1.355 Billion

The acquisition, which includes a $295 million shareholder reinvestment, is slated to close by Q4 2026.

Updated on Sept. 29, 2026 in Business Strategy

Isometric editorial illustration showing two interlocking steel beams, representing the structural integration of two software companies.
Bending Spoons has reached a definitive agreement to acquire Miro for $1.355 billion, with the deal expected to close by late 2026. AI Illustration. Upload story photo >

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Bending Spoons has entered a definitive agreement to acquire Miro at an enterprise value of $1.355 billion, with an implied equity value of approximately $1.79 billion. The deal is expected to finalize in the fourth quarter of 2026.

Why it matters

The deal combines Bending Spoons with a platform serving over 250,000 organizations and 4 million paying users to bolster its position in the collaborative software market. Miro shareholders will maintain a stake in the combined entity by investing $295 million of proceeds back into Bending Spoons.

Miro reports $600 million in annual recurring revenue across a user base of 4 million paying customers. Over 750 of its clients currently generate more than $100,000 in annual revenue each.

The players

Bending Spoons

Bending Spoons is a technology company known for developing a variety of mobile applications and digital software products.

Miro

Miro is a visual collaboration platform that enables remote and distributed teams to work together in shared digital workspaces.

The details

Bending Spoons will acquire 100% of the issued and outstanding shares of Miro following a unanimous approval from both companies' boards of directors. The platform, which was founded 15 years ago, currently supports widespread organizational workflows.

Timeline

  1. The transaction is expected to close in the fourth quarter of 2026.

Market Landscape

This acquisition mirrors the broader consolidation trend in the B2B SaaS market as firms look to scale through established productivity platforms. It positions the combined entity to compete more aggressively against major rivals in the digital collaboration space.

While the deal is not expected to close until late 2026, existing Miro users should watch for potential shifts in subscription tiers or brand integration. Customers and enterprises relying on the platform will continue to see service continuity throughout the transition period.

The takeaway

Large-scale acquisitions in the software sector often lead to shifts in product roadmaps and pricing models for end-users. Businesses reliant on collaborative tools should monitor developments as the 2026 closing date approaches.

Further reading

For broader trends in industry consolidation, visit our Business Strategy section.

Source note: This article includes information reported by Frontier Enterprise.

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