Bending Spoons Acquires Airtable for $1.285 Billion in First Deal Since Nasdaq Debut

Italian technology firm Bending Spoons S.p.A. has agreed to acquire Airtable in an all-cash transaction that values the software company at an enterprise value of $1.285 billion. The announcement was made on Tuesday, marking Bending Spoons' first acquisition since its Nasdaq debut last month. The deal underscores Bending Spoons' aggressive expansion strategy in the software sector, leveraging its public listing to fund major acquisitions. Airtable, known for its low-code database platform, will become part of Bending Spoons' portfolio, which includes other productivity apps. The acquisition is expected to close in the coming months, subject to regulatory approvals. This move highlights the ongoing consolidation in the software industry, particularly among companies seeking to enhance their product offerings and market reach.