Bending Spoons to Acquire Miro for €1.7 Billion, Expanding Digital Portfolio

Bending Spoons has entered a definitive agreement to acquire Miro, a leading AI-enabled workspace platform, for €1.7 billion ($1.4 billion) in an all-cash transaction, according to a company statement released on September 10. The deal will see Bending Spoons assume full ownership of Miro, pending regulatory approvals and standard closing conditions.

The acquisition marks a significant expansion of Bending Spoons’ digital platform portfolio. Miro, which reports approximately $600 million in annual recurring revenue—with nearly 90% stemming from business and enterprise customers—brings a substantial user base of 4 millionpaying users and 750 customers generating over $100,000 each in annual recurring revenue.

Bending Spoons, led by CEO Luca Ferrari, has established a reputation for acquiring underperforming or undervalued technology assets and seeking to improve their operational and financial performance. The company has completed more than 50 acquisitions in recent years, and in August 2025, it secured over €500 million in debt financing to support further deals. Earlier in 2026, Bending Spoons filed for an IPO on NASDAQ, underlining its ambition to scale internationally.

For the European tech sector, the move underscores Bending Spoons’ long-term strategy of industry consolidation and operational turnaround, rather than short-term exits. The acquisition of Miro—founded by CEO Andrey Khusid—positions Bending Spoons to capitalise on the sustained demand for digital collaboration tools, particularly among enterprise clients.

Analysts view the transaction as a signal that European technology firms are willing to make large, strategic bets to compete globally, especially against US and Asian rivals dominating the digital workspace sector. For Latin America, the deal highlights growing opportunities for cross-border investment and operational expertise in technology-driven business models.

However, integration remains a key challenge. Regulatory approvals could delay closing, and aligning Miro’s operations with Bending Spoons’ existing businesses will test the acquirer’s ability to deliver on promised improvements. The outcome will be closely watched by investors and competitors, as Bending Spoons seeks to leverage Miro’s revenue base for further growth.

The company has stated that it plans to invest in Miro’s product development and customer service, with the goal of enhancing value for enterprise clients and expanding its footprint in the digital workspace sector. The deal’s financial impact on Bending Spoons will depend on successful integration and the realisation of operational efficiencies.

The Miro acquisition reinforces Bending Spoons’ acquisition-led growth strategy and signals the increasing maturity and ambition of European tech consolidators in a rapidly evolving market.