Bending Spoons to acquire productivity software startup Airtable for $1.285B

# Airtable Gets Acquired for $1.3 Billion—Below Its Peak Value Bending Spoons, a software company, is buying Airtable, a popular tool that helps teams organize and manage information in spreadsheet-like tables, for $1.285 billion in cash. This is significantly less than the $11.7 billion the company was valued at a few years ago, reflecting how startup valuations have cooled down recently. The deal highlights ongoing pressure in the tech industry as growth slows and investors become more cautious about inflated company valuations.
Technology holding company Bending Spoons S.p.A. today announced plans to acquire Airtable Inc., the developer of a popular cloud-based spreadsheet platform. The all-cash deal is worth $1.285 billion. That’s less than the approximately $1.4 billion Airtable has raised from its investors. The company
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