Bending Spoons plans acquiring 1,000 software brands
Bending Spoons has rapidly acquired numerous established software brands like Evernote, WeTransfer, and Vimeo, utilizing a business model focused on post-acquisition restructuring, cost reduction, and leveraging artificial intelligence to drive profitability. While the strategy has yielded impressive financial results and product improvements, it has also sparked widespread criticism for deep job cuts and raises questions about long-term customer loyalty and sustainability. Open article →