Bending Spoons enters definitive agreement to acquire AI innovation workspace Miro for €1.7 billion
Bending Spoons has entered into a definitive agreement to acquire AI innovation workspace Miro at an enterprise value of €1.7 billion ($1.4 billion) with an all-cash transaction. The acquisition, including the investment, is subject to customary closing conditions and approvals, including regulatory approvals. Under the terms of the agreement, which was unanimously approved by the […] The post…
Bending Spoons has secured a definitive agreement to acquire AI-focused collaboration platform Miro for €1.7 billion ($1.4 billion) in an all-cash transaction. The deal, subject to customary closing conditions and approvals, includes the acquisition of all issued and outstanding shares of Miro. Luca Ferrari, Bending Spoons CEO and co-founder, expressed his privilege and responsibility in welcoming Miro, which is utilized by over 250,000 organizations.
Miro has generated approximately $600 million in annual recurring revenue, with nearly 90% from business and enterprise customers. Bending Spoons, a Milan-based Italian tech conglomerate founded in 2013, aims to acquire, transform, and operate well-known but underperforming digital products long-term using AI-driven automation and aggressive cost and revenue optimization.
The Miro acquisition is expected to close in the fourth quarter of 2026, pending the receipt of required regulatory approvals and other customary closing conditions.
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