This EU Firm Made Billions Buying Up Forgotten Tech

Bending Spoons built an $18B company by buying undervalued, unsexy legacy tech brands and rebuilding them with aggressive AI-driven cost cuts, holding forever rather than flipping.

• $18B NASDAQ debut: Bending Spoons IPO'd this summer at an $18B+ valuation, turning an obscure Italian firm into a public-market story; the company runs near $4B in annual revenue.
• Not a fund, not PE: Luca Ferrari says Bending Spoons buys to hold forever (never sold a material business), rebuilds org and tech stack deeply, and integrates every acquisition onto one shared proprietary platform.

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