Bending Spoons to buy Miro in $1.36 billion cash deal

Bending Spoons to buy Miro in $1.36 billion cash deal Sept 10 : Bending Spoons has agreed to buy Miro in an all-cash deal, valuing the digital collaboration platform at $1.36 billion, the companies said on Thursday. The company has built a reputation for acquiring and restructuring digital businesses, pursuing a strategy that blends technology operations with a private equity-style acquisition model. • "Miro has grown to around $600 million in annual recurring revenue, nearly 90 per cent from business and enterprise customers," Bending Spoons CEO and co-founder Luca Ferrari said. • Including Miro's net cash, the deal implies an equity value of about $1.79 billion. • The deal is expected to close in the fourth quarter of 2026. • In August, Bending Spoons acquired software platform Airtable for $1.29 billion. • The companies also said some Miro shareholders have agreed to invest $295 million of their proceeds into newly issued Bending Spoons equity. • Miro provides an online workspace to help teams brainstorm, design products, map workflows and manage projects.