{
  "id": 147229,
  "title": "Bending Spoons to Buy Airtable For $1.28 Billion",
  "url": "https://urgent.news/2026/08/04/bending-spoons-to-buy-airtable-for-1-28-billion",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-04T21:00:00.000Z",
  "source": {
    "name": "Slashdot",
    "slug": "slashdot",
    "url": "https://slashdot.org/story/26/08/04/2041222/bending-spoons-to-buy-airtable-for-128-billion"
  },
  "original_language": "en",
  "account": "Italian app developer Bending Spoons announced its first acquisition since going public, securing Airtable for $1.28 billion in cash. The spreadsheet and database startup, founded in 2013, joins a portfolio that includes Evernote, WeTransfer, EventBrite, and Vimeo. Airtable's valuation has fluctuated since 2021, peaking at over $11 billion before settling at around $2.25 billion with its current net cash-and-cash-equivalents balance. The acquisition is expected to accelerate innovation, as Airtable's annual recurring revenue grew over 20% year-over-year to approximately $480 million as of June 2026.",
  "summary": "Bending Spoons has made its first acquisition since going public last month at an $18 billion valuation, agreeing to buy spreadsheet and database startup Airtable for $1.28 billion in cash. Airtable joins a growing portfolio of notable brands owned by the Italian app developer, including Evernote, WeTransfer, EventBrite, and Vimeo. TechCrunch reports: Founded in 2013, Airtable has so far raised…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}