Deals & regulation
Bending Spoons agrees to buy Miro as software valuations reset
Bending Spoons has agreed to acquire Miro in a transaction TechCrunch reports at $1.36 billion, far below the collaboration company's pandemic-era valuation. The buyer says Miro has roughly $600 million in annual recurring revenue, more than four million paying users and a profitable business. The proposed acquisition illustrates how substantial software companies can keep growing while losing their earlier valuation premiums. The report does not establish why Miro's board chose this moment to sell.
Editorial summary · Publisher article
What matters
- Businesses and enterprises account for about 90% of Miro’s recurring revenue, according to the buyer.
- Miro has expanded beyond whiteboarding into integrations and AI workflows; the announced transaction should not be described as already closed.
Why this made the edition
Substantive evidence supports this distinct development; selected for reader relevance and importance after comparison with published history.
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