Bending Spoons, a prominent player in the European tech landscape, has made headlines in 2024 with a series of strategic acquisitions, significantly expanding its portfolio. Then in July 2024, the company sealed its transformation by acquiring the content publishing platform Issuu. It recently acquired digital file transfer service WeTransfer, a purchase that points to the company’s creative development. Bending Spoons’ recent buys are a significant continuation from its previous purchase of Filmic in 2022. This acquisition further advances its strategy to enhance technology solutions and expand its competitive market position.
The purchase of WeTransfer triggered a lot of important shifts. It resulted in job layoffs and changed the platform’s free plan, adding harsher restrictions on user activity. This decision is demonstrative of Bending Spoons’ efforts to streamline its newfound operations after the acquisition while still pushing to remain innovative in the growing world of digital technology.
A Growing Portfolio
Bending Spoons has been on a robust acquisition spree, signaling its intent to dominate various segments of the tech industry. The firm was first reported to be buying Filmic—makers of such popular video and photo editing software as Filmic Pro—in 2022. The decision to lay off the entire Filmic staff in December 2023 raised concerns about the future direction of the acquired brand.
Bending Spoons just closed two acquisitions — Issuu and WeTransfer. As of early 2023, they completed an acquisition of Evernote and expect to acquire AOL next and target Vimeo next. The AOL deal is a huge game-changer. Valued at $2.8 billion in debt financing, it represents one of the company’s largest financial undertakings to date. In early 2024, Bending Spoons acquired a number of former DSPs that dramatically increased its scale. They did this by buying Meetup, Mosaic Group and Hopin’s StreamYard.
Financial Growth and Valuation
In 2024, Bending Spoons reached a stunning $2.8 billion valuation. The news capped off a successful funding round aimed at making future acquisitions and further building out its proprietary tech and AI capabilities. Bending Spoons already has some pretty incredible runway. This insatiable support has launched the company to be one of Europe’s only tech decacorns, valued over $10 billion as of this October 2025.
The co-founders of Bending Spoons have become billionaires. Their achievement is a marvelous thing. Their success in creating perhaps the most successful tech company on earth. CEO Luca Ferrari’s stake in Bending Spoons is reportedly worth $1.4 billion, underscoring his significant role in driving the company’s growth and strategic direction.
Bending Spoons garnered widespread media attention last year for its community-focused programming. In 2020, the company developed and donated Immuni, Italy’s official COVID-19 contract tracing app. This new initiative was another testament to their commitment to leveraging technology for the greater good of public health.
Strategic Vision and Commitment
Further, Bending Spoons has always carefully and clearly communicated its vision for the long-term future. The company aims to maintain ownership of its acquisitions indefinitely, asserting that it “aims to hold forever, and has never sold an acquired business.” This philosophy translates into the corporation’s approach of taking care of and growing its acquired assets, instead of selling them for a quick turnaround.
Bending Spoons is clearly not finished expanding its portfolio through smart acquisitions. Simultaneously, it remains committed to improving its tech-savvy and melding new services into its standardized system. The company’s trajectory of growth and positive outlook will continue as it attacks the death star of tech with impeccable skill.
