Bending Spoons acquires Miro for $1.355B
Italian technology company Bending Spoons has signed a definitive agreement to acquire visual collaboration and digital whiteboard platform Miro in an all-cash transaction representing an enterprise value of $1.355 billion and an implied equity value of approximately $1.79 billion including net cash. As part of the deal, certain Miro shareholders will reinvest $295 million of their proceeds into newly issued Bending Spoons equity. The transaction, expected to close in the fourth quarter of 2026 pending regulatory approvals, represents a steep discount from Miro's peak $17.5 billion valuation reached in 2022 and comes right after Bending Spoons' recent acquisition of Airtable for $1.285 billion.
Bending Spoons is rapidly solidifying its position as the ultimate roll-up consolidator for pandemic-era software darlings, buying distressed former decacorns at a 90%+ discount.
- –**The ZIRP reality check:** Miro's tumble from a $17.5 billion valuation in 2022 to $1.355 billion highlights the severe multiple compression and saturation hitting remote-work visual tooling in the face of pressure from Figma/FigJam and Microsoft.
- –**Bracing for the playbook:** Looking at Bending Spoons' historical takeovers (Evernote, Meetup, WeTransfer), customers and employees should expect substantial headcount reductions, margin-focused streamlining, and restructured pricing tiers.
- –**Aggressive SaaS consolidation:** By pairing Miro with its newly acquired Airtable, Bending Spoons is assembling an enormous enterprise productivity and workflow footprint in an astonishingly short window.
DISCOVERED
1h ago
2026-09-10
PUBLISHED
3h ago
2026-09-10
RELEVANCE
AUTHOR
andygcook