Bending Spoons Acquires Airtable for $1.28 Billion

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Italian software company Bending Spoons has agreed to acquire productivity platform Airtable for $1.28 billion. The deal marks a dramatic fall in valuation for Airtable, which was worth over $11 billion at its peak in 2021. Earlier this year, Airtable shares were reportedly trading on secondary markets at a valuation of around $4 billion. The acquisition price of $1.28 billion represents a steep decline from those earlier highs, reflecting broader corrections in the tech sector.

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