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Bending Spoons agrees to acquire spreadsheet and database startup Airtable for $1.28 billion in cash.

Bending Spoons founder Luca Ferrari announced that the company has agreed to buy Airtable for $1.28 billion in cash. This marks the first acquisition since Bending Spoons went public last month at an $18 billion valuation. Airtable, founded in 2013, is a pioneering brand that helps teams organize data and manage workflows. The company serves over 500,000 organizations, including 80% of the Fortune 100. While Airtable was previously valued at over $11 billion in 2021, the administration announced that its current valuation is approximately $2.25 billion. Luca Ferrari stated that the acquisition will accelerate innovation for Airtable's products, including the new Superagent orchestration platform. Bending Spoons typically acquires companies at a discount to their private valuations to streamline products and improve profitability.

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