Bending Spoons makes first post-IPO acquisition with $1.3B Airtable deal
MILAN, Aug 4 (Reuters) - Bending Spoons has agreed to buy Airtable in an all-cash deal valuing the U.S. software firm at $1.285 billion, the companies said on Tuesday, marking the Italian technology company's first acquisition since its Nasdaq debut last month. Founded in 2013, Airtable offers a software platform that combines spreadsheet and database capabilities, allowing companies to build applications and manage operational workflows without coding expertise.
Summary
Bending Spoons is expanding its portfolio by acquiring Airtable for $1.285 billion, marking a significant move just after its IPO. Airtable’s platform enables businesses to create applications and manage workflows without needing coding skills, making this acquisition a strategic addition to Bending Spoons’ offerings.
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