Software conglomerate Bending Spoons files for IPO

GaryPageau ,
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Bending Spoons CEO Luca Ferrari

Italian app publisher Bending Spoons has filed its Form F-1 with the SEC to go public with a $20 billion valuation on the NASDAQ exchange, according to Reuters. The company has busily acquaired more than 50 companies, including these in the imaging space: Vimeo, FiLMiC, and Remini. According to the report, the $20 billion valuation target is a massive step up from Bending Spoons’ $11.7 billion valuation following a funding round late last year — which itself was a major jump from its $2.8 billion valuation in 2024. Bending Spoons is known for buying established technology brands, like AOL, WeTransfer, Evernote, and then laying large portions of the acquired companies’ staff.

Founded in 2013, Bending Spoons reported a net income of $27.5 million on revenue of $601 million for the three months ended March 31, compared to a net ​loss of $112.2 million on revenue of $259 million a year earlier, according to Reuters. Bending Spoons and some stockholders plan to sell shares in the IPO ‌offering.

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.