Wire · operational-macro
Bending Spoons to Acquire Miro for $1.36 Billion as SaaS Valuations Reset
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Fusion42 · 12 September 2026 · Fusion42 review
Bending Spoons will acquire Miro, a profitable collaboration platform with $600 million ARR and 4 million paying customers, for $1.36 billion—over 90% below its peak 2021 valuation of $17.5 billion, illustrating a dramatic reset in SaaS valuations since the pandemic boom.
This Wire brief sits within Fusion42's coverage of Enterprise Software, and 2 sources have reported it between 10 Sep 2026 and 12 Sep 2026.
◆ ◆ The Wire takeaway
SaaS valuations have sharply corrected, shrinking exit prices despite strong revenues and profitability. You must rethink your growth and funding expectations in collaboration software or face fewer and smaller acquisition offers.
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2 sources · first reported 10 Sep 2026 · latest 12 Sep 2026
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