Bending Spoons Makes First Post-IPO Acquisition With $1.3 Billion Airtable Deal
Summary
Reuters reports that Bending Spoons is acquiring Airtable in an all-cash deal valued at about $1.285 billion, marking its first post-IPO acquisition since listing on Nasdaq. Airtable's no-code platform enables spreadsheet-like workflows and app-building without coding, making this a notable event for the no-code ecosystem. The deal is expected to close by year-end pending regulatory approvals, with Airtable’s net cash position implying an equity value around $2.25 billion and Bending Spoons’ stock trading above its IPO price.