Bending Spoons Acquires Airtable for $1.285 Billion

In a significant move following its recent Nasdaq debut, Milan-based software powerhouse Bending Spoons spa has finalized the acquisition of Airtable, a leading American no-code platform. The all-cash transaction values Airtable at an enterprise value of $1.285 billion, with an equity value of approximately $2.25 billion, reflecting the target's cash reserves. This strategic acquisition underscores Bending Spoons' aggressive growth strategy and its commitment to expanding its global footprint in the enterprise software sector.

Airtable, founded in 2013 by Howie Liu, has carved out a substantial niche by merging the user-friendliness of spreadsheets with the robust capabilities of relational databases. This innovative approach empowers organizations across marketing, product development, and operations to build custom business applications without extensive coding knowledge. The platform currently serves over 500,000 entities, demonstrating its widespread adoption and critical role in streamlining workflows. Recent developments indicate Airtable's increasing focus on becoming an AI-native enterprise solution, a direction that likely resonated with Bending Spoons' forward-thinking vision.

The financial terms of the deal highlight Airtable's strong market performance, with annual recurring revenues (ARR) reported at approximately $480 million as of June 2026, marking a growth of over 20% year-over-year. This robust revenue stream and strategic positioning in the rapidly expanding no-code and low-code market, projected to reach tens of billions in the coming years, make this acquisition a compelling addition to Bending Spoons' portfolio.

Luca Ferrari, CEO and co-founder of Bending Spoons, expressed enthusiasm for the integration, stating, "We are thrilled to welcome Airtable into the Bending Spoons family. Airtable is a pioneering brand transforming how organizations manage data and business processes. We will continue to invest for the long term and accelerate its innovation, reinforcing its core strength: providing a flexible workspace that unites teams and workflows." This sentiment was echoed by Airtable's founder, Howie Liu, who noted the acquisition provides the necessary resources to "build the AI-native platform of the future."

This acquisition follows a series of high-profile deals by Bending Spoons, including the recent purchase of Tractive, a leader in pet tracking technology. The company has a proven track record of integrating and scaling digital businesses, having previously acquired entities such as Vimeo, AOL, Eventbrite, MileIQ Inc, komoot, Brightcove, WeTransfer, Issuu, Hopin/StreamYard Top Corp, Meetup, Mosaic Group, and Evernote. The company recently bolstered its financial capacity with new credit lines totaling approximately €1.49 billion, specifically earmarked to fuel further strategic acquisitions.

The integration of Airtable is expected to significantly enhance Bending Spoons' capabilities in the enterprise collaboration and application development space. The combined entity is well-positioned to capitalize on the growing demand for flexible, AI-powered business solutions, further solidifying its status as a major player in the global technology sector. This move signals a continued trend of consolidation and strategic expansion within the software industry, driven by companies seeking to broaden their product offerings and market reach.