Bending Spoons has agreed to buy Airtable in an all-cash deal valuing the U.S. software firm at $1.285 billion, the companies said on Tuesday, marking the Italian technology company’s first acquisition since its Nasdaq debut last month.
About Airtable
Founded in 2013, Airtable offers a software platform that combines spreadsheet and database capabilities, allowing companies to build applications and manage operational workflows without coding expertise.
Bending Spoons has built a reputation for acquiring and restructuring digital businesses, pursuing a strategy that blends technology operations with a private equity-style acquisition model.
The transaction is expected to close by the end of the year, subject to regulatory approvals and closing conditions.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
