Browsing: Bending

Bending Spoons is continuing its trend of buying once-sought-after software companies for pennies on the dollar. This time, the Italian company is buying Miro for $1.36 billion in cash (equity value of $1.79 billion), a mighty dip in valuation for the once-hot workplace collaboration startup that was awarded a price tag of $17.5 billion in…

Bending Spoons S.p.A. (NASDAQ:BSP) just released its first earnings report as a public company, and it was impressive by almost every headline measure. Investors focused on a different number entirely.