Bending Spoons buys software startup Airtable in $2.25bn deal

Italian holding company Bending Spoons has agreed to acquire Airtable in an all-cash deal worth $2.25 billion, five years after the low-code software company reached an $11 billion valuation. Bending Spoons CEO Luca Ferrari said Airtable has an annual recurring revenue of around $480 million and that the company is committed to investing in Airtable for the long run.

Acquisitions /tag/acquisitions/ Italian holding company Bending Spoons is buying startup Airtable in a deal worth $2.25 billion, five years after the low-code software company achieved an $11 billion valuation. The all-cash deal https://www.businesswire.com/news/home/20260730994716/en/Bending-Spoons-has-entered-into-a-definitive-agreement-to-acquire-Airtable-for-$1.285-billion?ref=thestack.technology will see the application and spreadsheet-building platform added to Bending Spoons’ broad portfolio after it struggled to maintain success through the AI boom. Bending Spoons CEO Luca Ferrari said Airtable had an ARR of around $480 million and added: “We’re committed to investing in Airtable for the long run, and doubling down on its core strength: bringing teams and workflows together in one flexible workspace.” Get the full story: Subscribe for free Join peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events. Subscribe now https://www.thestack.technology/membership/ Already a member? Sign in https://www.thestack.technology/signin/