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United Kingdom💼 Business7 hr. ago

Bending Spoons makes first post-IPO acquisition with $1.3 billion Airtable deal

Bending Spoons, a software development company based in the United Kingdom, has announced its first acquisition since going public. The company has agreed to acquire Airtable, a popular project management and database platform, for $1.3 billion. This acquisition marks a significant expansion for Bending Spoons, which previously developed apps such as Duolingo and Tinder. The deal is expected to enhance Bending Spoons' portfolio of productivity tools and solidify its position in the growing SaaS industry. The transaction is anticipated to close in the coming months, pending regulatory approvals.

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Reuters logoReutersIndependentCenter7 hr. ago
Bending Spoons makes first post-IPO acquisition with $1.3 billion Airtable deal

Bending Spoons, a software development company based in the United Kingdom, has announced its first acquisition since going public. The company has agreed to acquire Airtable, a popular project management and database platform, for $1.3 billion. This acquisition marks a significant expansion for Bending Spoons, which previously developed apps such as Duolingo and Tinder. The deal is expected to enhance Bending Spoons' portfolio of productivity tools and solidify its position in the growing SaaS industry. The transaction is anticipated to close in the coming months, pending regulatory approvals.

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