Bending Spoons has entered into a definitive agreement to acquire Airtable in an all-cash transaction with an enterprise value of $1.285 billion.
The deal covers 100% of Airtable’s shares and has been unanimously approved by both companies’ boards, according to their joint transaction announcement. It is expected to close later in 2026, subject to regulatory approval and other customary closing conditions.
Until those conditions are satisfied and the transaction closes, Airtable and Bending Spoons remain independent companies. The announcement is therefore an agreement to acquire Airtable, not a completed acquisition.
Why the deal has two valuation numbers
The companies disclosed a $1.285 billion enterprise value and an approximate $2.25 billion equity value. The figures describe different parts of the transaction rather than competing estimates.
Enterprise value is intended to represent the value of the operating business after accounting for financing items such as cash and debt. Equity value represents the value attributed to shareholders. Because Airtable holds net cash, the value attributed to its equity is higher than the stated enterprise value.
The transaction is all cash, meaning Airtable shareholders are to receive cash rather than shares in Bending Spoons as consideration. The companies did not disclose a detailed allocation of the purchase price beyond the announced enterprise and approximate equity values.
Reuters corroborated the valuation and expected closing conditions, describing the agreement as Bending Spoons’ first acquisition following its July 1, 2026, Nasdaq debut.
What Bending Spoons is buying
Airtable combines spreadsheet-style interfaces with database capabilities. Teams use it to organize structured information and build no-code applications, workflows, and operational systems around that data.
In the joint announcement, Bending Spoons said Airtable’s annual recurring revenue had grown more than 20% year over year to approximately $480 million as of June 2026. Airtable said its platform serves more than 500,000 organizations, including 80% of the Fortune 100.
Those operating figures come from the companies and were not independently audited or verified in the source set used for this article. They are useful indicators of Airtable’s claimed scale, but they should not be treated as independent measurements.
Reuters noted that the agreement follows Bending Spoons’ earlier acquisitions involving AOL and Eventbrite. The Airtable transaction extends that acquisition strategy into a platform used for enterprise data organization, application building, and workflow automation.
What the buyer says it plans
Bending Spoons said it intends to invest in Airtable for the long term, expand the platform’s core workspace, and pursue an AI-native product direction.
Those statements describe the buyer’s plans, not committed features or a guaranteed roadmap. The announcement did not specify product release dates, integration architecture, pricing changes, data-policy changes, or a timetable for combining Airtable with other Bending Spoons businesses.
“AI-native” should likewise be read as strategic direction rather than evidence of a new generally available capability. Customers have not yet been given enough implementation detail to assess how that direction would affect Airtable’s current product or enterprise deployments.
What Airtable customers know now
The immediate customer-facing facts are limited. Airtable has agreed to be acquired, the transaction remains subject to closing conditions, and the companies will continue operating independently until it closes.
There is no verified basis in the announcement or Reuters report to predict layoffs, product closures, subscription changes, migrations, or changes to customer-data handling. Enterprise customers should continue to evaluate Airtable under its current contracts, product documentation, security commitments, and service terms unless the company formally changes them.
The next material milestones are regulatory clearance, satisfaction of the other closing conditions, and confirmation that the transaction has completed. Product or operating changes should be assessed only when Airtable or Bending Spoons publishes specific, enforceable details.
