Bending Spoons Stock Jumps on $1.36 Billion Miro Acquisition Deal

Shares of Bending Spoons (BSP) rose nearly 4.9% in morning trading after the Italian technology company announced a definitive agreement to acquire the digital collaboration platform Miro in an all-cash deal.

The stock's strong performance came in defiance of a broader market downturn, with the S&P 500 and Nasdaq Composite both trading lower, indicating a positive investor response to the company-specific news.

Deal Details

Bending Spoons will acquire Miro at an enterprise value of $1.355 billion, according to the announcement. The transaction, which implies an equity value of approximately $1.79 billion when accounting for Miro’s net cash, is expected to close in the fourth quarter of 2026, pending regulatory approvals and other customary conditions.

A key component of the deal includes a $295 million reinvestment by certain Miro shareholders, who will use a portion of their sale proceeds to buy newly issued equity in Bending Spoons. This move is widely seen by analysts as a strong vote of confidence in the acquirer's long-term strategic vision.

Strategic Rationale

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Miro will bring a significant enterprise software business into the Bending Spoons portfolio, with key metrics including:

• Approximately $600 million in annual recurring revenue (ARR).
• A user base of over 100 million people across more than 250,000 organizations.
• Nearly 90% of its revenue is sourced from business and enterprise customers.

This acquisition deepens Bending Spoons' presence in the competitive enterprise collaboration software market, pitting it more directly against established players like Notion and Atlassian. The deal follows the company's recent purchase of Airtable, underscoring its aggressive M&A strategy since its Nasdaq IPO in July 2026.

Bending Spoons CEO Luca Ferrari stated it was "a privilege, and no small responsibility" to acquire a product so deeply integrated into enterprise workflows. The deal reinforces the company's model of acquiring established digital platforms and applying its AI-driven operational expertise to optimize them for growth.