Italian software developer Bending Spoons has agreed to acquire Airtable, multiple outlets report, in what Bending Spoons describes as its first major deal since going public. Terms reported across sources put the acquisition price at about $1.28 billion to $1.30 billion in cash, with Quartz describing an enterprise value of roughly $1.285 billion. Several reports also cite an equity value around $2.25 billion, reflecting differences between enterprise and equity valuation measures.
Airtable’s valuation has fallen sharply since its peak in 2021, when it was valued at more than $11 billion. TechCrunch and Slashdot also report that earlier this year Airtable shares were trading on secondary markets at a valuation of about $4 billion, before the acquisition terms.
Bloomberg and other outlets describe the deal as an all-cash transaction for Bending Spoons, using an equity value figure of about $2.25 billion. Inc. and The Next Web note Airtable has been expanding its software and AI-related capabilities, and Bending Spoons’ leadership frames the purchase as a long-term investment. The sources do not provide additional regulatory or closing details in the excerpts provided.
