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7 clusters · 19 sources · 48 days · First seen 2 months ago · Last updated 14 days ago

Bending Spoons acquisition strategy and Berkshire investment

Overview

Bending Spoons, a Milan-based technology company, continues to expand its portfolio through a strategic model of acquiring and restructuring mature software businesses. In September 2026, the company agreed to acquire the workplace collaboration platform Miro for approximately $1.355 billion in enterprise value, a significant decrease from Miro’s $17.5 billion valuation in early 2022. This follows the $1.285 billion acquisition of Airtable. The Miro deal, which includes a $295 million equity investment from certain Miro shareholders, is expected to close in the fourth quarter of 2026.

The company leverages intensive AI to optimize its operations, reportedly using it to write at least 90% of its code, design products, and manage recruitment. CEO Luca Ferrari has noted that AI-driven competition has contributed to declining valuations in the SaaS sector, creating strategic acquisition windows. Following its July 2026 Nasdaq listing, the firm identified over 1,000 potential targets.

In October 2026, Berkshire Hathaway increased its stake in Bending Spoons through a $330 million private placement. This follows a $600 million investment during the company’s IPO, bringing Berkshire’s total investment to approximately $930 million and its total stake to 4%. Following the announcement, Bending Spoons’ stock rose by over 41%. The company’s diverse portfolio includes WeTransfer, Vimeo, Eventbrite, Splice, Remini, Evernote, and AOL.

Entities

Bending Spoons · Luca Ferrari · Miro · Evernote · Berkshire Hathaway

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Bending Spoons acquires established digital brands and applies its own operating model to restructure teams, rewrite software, and change pricing.
[● 3 SOURCES] Company revenue increased from $387 million in 2023 to $1.31 billion in 2025.
[● 3 SOURCES] The company listed on the Nasdaq stock exchange in July.
[● 3 SOURCES] Bending Spoons acquired Evernote, WeTransfer, Vimeo, and Eventbrite.
[● 3 SOURCES] The company acquired the video editing app Splice in 2018.
[● 3 SOURCES] The company acquired the AI photography app Remini in 2021.
[● 3 SOURCES] Bending Spoons was founded in Milan in 2013.

Timeline

14 days ago

[BUSINESS] 3 sources
Berkshire Hathaway expands Bending Spoons stake and insurance operations
Berkshire Hathaway has increased its stake in Bending Spoons to 4% with a $330 million investment and is expanding its specialty insurance operations into Poland.
25 days ago

[BUSINESS] 5 sources
Berkshire Hathaway increases stake in Bending Spoons with $330M investment
Berkshire Hathaway has invested an additional $330 million in Italian software holding company Bending Spoons, bringing its total stake to 4% following a significant surge in the company's stock price.
about 1 month ago

[BUSINESS] 2 sources
Bending Spoons uses AI to target SaaS acquisitions
Bending Spoons is using AI to acquire and overhaul software companies, targeting SaaS businesses facing valuation drops due to AI-driven market shifts.
about 1 month ago

[BUSINESS] 2 sources
Bending Spoons to acquire Miro for $1.355 billion
Bending Spoons has agreed to acquire Miro for an enterprise value of $1.355 billion, with the deal expected to close in Q4 2026.
about 2 months ago

[BUSINESS] 3 sources
Bending Spoons builds tech empire through strategic acquisitions
Milan-based Bending Spoons has grown into a major tech entity by acquiring and restructuring brands like Evernote and WeTransfer, reaching $1.31 billion in revenue by 2025.
about 2 months ago

[BUSINESS] 2 sources
Bending Spoons scales through strategic software acquisitions
Bending Spoons is scaling by acquiring mature software companies like Miro and Airtable at significant discounts and optimizing them through lean, AI-driven operational models.
2 months ago

[BUSINESS] 3 sources
Bending Spoons to acquire Miro for $1.36 billion
Bending Spoons will acquire Miro for $1.36 billion, a sharp decrease from Miro’s $17.5 billion valuation in 2022. The deal is expected to close in late 2026.

Sources

bizblog.spidersweb.pl · borskollen.se · comparic.pl · dailydigest.ie · digitalmarketreports.com · fashionsnap.com · finanzen.ch · finanznachrichten.de · forbesliberia.com · formosadeportiva.com.ar · fr.euronews.com · frontier-enterprise.com · it-boltwise.de · lesaffaires.com · merca2.es · pt.euronews.com · pymnts.com · redes-sociales.com · time.news

This summary has been updated 4 times: see revision history