Bending Spoons to acquire Miro for $1.355 billion

Bending Spoons has entered into a definitive agreement to acquire the collaborative workspace platform Miro at an enterprise value of $1.355 billion. The all-cash transaction, which includes an equity investment of $295 million from certain Miro shareholders into Bending Spoons, is expected to close in the fourth quarter of 2026, pending regulatory approvals.

Miro currently generates approximately $600 million in annual recurring revenue, with nearly 90% coming from business and enterprise customers. The platform serves approximately 4 million paying users. Bending Spoons CEO Luca Ferrari stated that the company intends to own and operate Miro for the long term, focusing on investments in performance, reliability, and functionality.

Bending Spoons, an Italian tech company based in Milan, has established a business model centered on acquiring established software brands—such as Evernote, WeTransfer, and Vimeo—that have lost momentum. The company typically focuses on engineering restructuring and optimizing profitability through operational efficiencies following an acquisition.