Bending Spoons Acquired Airtable and Miro in September
The technology firm expanded its software portfolio through multi-billion dollar acquisitions.
Updated on Oct. 9, 2026 in Business Strategy
Live Poll
Do you believe AI tools will ultimately replace the software platforms you currently use for work?
In September 2026, Bending Spoons completed its acquisition of Airtable for an enterprise value of $1.285 billion and agreed to purchase Miro for $1.36 billion. These deals follow the company's July 2026 public listing on the Nasdaq.
Why it matters
The acquisitions capitalize on falling software valuations, allowing Bending Spoons to leverage its AI-driven operational model to improve newly acquired businesses. The company uses artificial intelligence for more than 90% of its code writing, product design, and hiring processes.
Airtable, which previously secured over $1.4 billion in venture funding, sold for $1.285 billion. Meanwhile, Bending Spoons saw its stock price rise 31% since its initial public offering at $29 per share.
The players
Bending Spoons
This Milan-headquartered company focuses on acquiring digital businesses and integrating AI into product design and development.
Luca Ferrari
He serves as the CEO of Bending Spoons and is currently leading the company's aggressive strategy to acquire additional software firms.
Airtable
This software firm provides a low-code platform for building collaborative applications and previously raised over $1.4 billion in funding.
Miro
This technology company offers an online collaborative whiteboard platform used by teams for project planning and design.
The details
Bending Spoons executes its strategy by acquiring digital businesses, cutting costs, and deploying its proprietary engineering resources to enhance products. The firm continues to target further software company acquisitions to build out its digital ecosystem.
Timeline
The S&P software and services index began a decline in January 2026.
The S&P software and services index losses stopped in April 2026.
Bending Spoons held its initial public offering on the Nasdaq in July 2026.
Bending Spoons acquired Airtable and Miro in September 2026.
Market Landscape
Bending Spoons is positioning itself as a dominant consolidator in a cooling software market that saw the S&P software and services index drop over 25% early in 2026. This move allows the firm to acquire high-value assets like Airtable and Miro at significant discounts from their previous peak valuations.
Customers of Airtable and Miro may see changes in product pricing and feature availability as Bending Spoons implements its monetization optimization strategies. Users can expect ongoing updates to these platforms as the parent company integrates its AI-driven development model.
The takeaway
Bending Spoons demonstrates how firms with lean, AI-centric engineering models can thrive by buying and optimizing legacy software platforms. Investors should monitor how the company integrates its new acquisitions to see if the promised operational efficiencies yield long-term stock growth.
Further reading
For more on the latest shifts in corporate expansion, visit Business Strategy.
Source note: This article includes information reported by Quartz.
Live Poll
Do you believe AI tools will ultimately replace the software platforms you currently use for work?
