BENDING SPOONS TO ACQUIRE MIRO FOR $1.36 BILLION IN ALL-CASH DEAL AS TECH BUYING SPREE ACCELERATES

Summary from the TLDR Design newsletter

Bending Spoons is buying Miro in a $1.36 billion all-cash deal, days after closing its acquisition of Airtable. Miro brings around $600 million in annual recurring revenue, nearly 90 percent from business and enterprise customers, and roughly 4 million paying users. The transaction is expected to close in the fourth quarter of 2026, with some Miro shareholders reinvesting $295 million into Bending Spoons equity.