$1.3BStrategic acquisitionTechnology

Bending Spoons strikes $1.3B deal for Airtable in first post-IPO buy

Italian app group Bending Spoons is acquiring collaboration software company Airtable for $1.3 billion, according to CNBC. It is the company's first acquisition since going public, continuing a serial-buyer strategy that has absorbed a string of consumer and productivity software assets.

Why it matters: Bending Spoons is testing whether its public-market currency can fund the same roll-up playbook it ran as a private company.

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