Observed Signal · Sep 10, 2026 · M&A - Announced · Source: Trending Topics (DACH/CEE Innovation & Tech) · Impact: 4/5 · Sentiment: Negative
M&A Market: Bending Spoons to Acquire Miro for $1.4 Billion
Italian software group Bending Spoons has signed a definitive agreement to acquire whiteboard collaboration platform Miro in an all-cash transaction with an enterprise value of $1.355 billion (€1.7 billion), implying an equity value of approximately $1.79 billion including Miro's net cash. Some existing Miro shareholders have agreed to reinvest $295 million of their proceeds into newly issued Bending Spoons shares. The deal values Miro at less than 8% of its $17.5 billion valuation from a 2022 funding round. Bending Spoons plans to invest in Miro's performance and functionality, continuing its strategy of acquiring and streamlining software companies, with over 50 acquisitions including Eventbrite, Vimeo, and Airtable. Miro has an ARR of about $600 million, with nearly 90% from business and enterprise customers, serving over 250,000 organizations and nearly 4 million paying users. The transaction, pending regulatory approvals, is expected to close in Q4 2026, supporting Bending Spoons' expansion ahead of a potential Nasdaq IPO.
Major acquisition involving a prominent collaboration software company, reflecting the down-round trend and consolidation in the tech sector, impacting the broader SaaS and collaboration tool market which is relevant to MarTech.
Key Takeaways & Evidence Grounding
- Bending Spoons acquires Miro for $1.355 billion (€1.7 billion) enterprise value, with equity value of $1.79 billion including net cash; some shareholders reinvest $295 million into Bending Spoons.
- Miro was valued at $17.5 billion in a 2022 funding round, making this deal less than 8% of that valuation.
- Miro has around $600 million in annual recurring revenue, nearly 90% from business/enterprise customers, with over 250,000 organizations and almost 4 million paying users.
- The deal was reported by Golem, is pending regulatory approvals, and is expected to close in Q4 2026.
- Bending Spoons has completed over 50 acquisitions, including Eventbrite, Vimeo, and Evernote, as part of its expansion strategy ahead of a potential Nasdaq IPO.
Connected Companies & Entities
16 Entities mappedkomoot
Outdoor route-planning and navigation app with subscriptions and map purchases.
“Komoot is part of Bending Spoons' portfolio....”
Brightcove
Enterprise cloud video platform for streaming, engagement and monetisation.
“Brightcove is part of Bending Spoons' portfolio....”
Vimeo
Ad-free video hosting and streaming software for businesses.
“Vimeo is part of Bending Spoons' portfolio....”
Figma
Collaborative browser-based design and product development software for teams.
“Figma is mentioned as a competitor to Miro....”
Eventbrite
Event ticketing marketplace and organiser software platform.
Canva
Cloud design software for creators, teams, educators, and enterprises.
“Canva is mentioned as a competitor to Miro....”
WeTransfer
File transfer SaaS with premium ad-supported media inventory.
“WeTransfer is part of Bending Spoons' portfolio....”
Airtable
No-code enterprise app-building and workflow automation software platform.
“Bending Spoons recently closed its acquisition of Airtable....”
ICONIQ
Global private investment firm managing capital and backing growth companies.
“Iconiq Growth led Miro's Series C round in 2022....”
Tractive
GPS pet trackers with a recurring subscription app.
“Tractive is part of Bending Spoons' portfolio....”
Miro
Visual collaboration SaaS for enterprise teamwork and planning.
“Miro is the whiteboard collaboration platform being acquired....”
Bending Spoons
Acquirer and operator of consumer apps, SaaS tools and media.
“Italian software group Bending Spoons has signed a binding agreement to acquire Miro....”
Meetup
Community platform for discovering and running groups and events.
“Meetup is part of Bending Spoons' portfolio....”
AOL
Legacy web portal and email media business monetised by ads.
“AOL is part of Bending Spoons' portfolio....”
StreamYard
Browser-based live streaming and webinar SaaS for creators and teams.
“StreamYard is part of Bending Spoons' portfolio....”
Evernote
Note-taking and productivity software for individuals and teams.
“Evernote is part of Bending Spoons' portfolio....”
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