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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting an aggressive growth strategy within the software sector, Bending Spoons announced its first major acquisition since debuting on the Nasdaq by acquiring Airtable. The deal is valued at an implied equity value of $2.25 billion in an all-cash transaction aimed at advancing AI-driven workflow tools. According to reports, both companies will continue to operate independently until the transaction closes later this year, subject to regulatory approvals.
This acquisition strengthens Bending Spoons' expanding portfolio, as Airtable currently serves more than 500,000 organizations, including 80% of the Fortune 100. Per analyst data, Airtable's annual recurring revenue grew by more than 20% year-over-year to approximately $480 million as of June 2026. Bending Spoons plans to invest in the platform over the long term to accelerate innovation and expand product capabilities.
Regarding market performance, Bending Spoons (BSP) shares traded higher in premarket sessions, though specific numeric price levels are unavailable in the database as of the August 4, 2026 close. Investors are now watching for final regulatory clearances, while the broader economic calendar shows recent catalysts such as the Fed interest rate decision, which held at 3.75% on July 29, 2026.