Bending Spoons, the Italian technology company that owns Evernote and WeTransfer, is preparing to go public through an initial public offering [1].

The move signals a significant expansion for one of Europe's most aggressive software acquirers as it seeks to scale its portfolio of productivity tools. By transitioning to a public company, Bending Spoons aims to secure the capital necessary to integrate its recent acquisitions and develop new AI-driven capabilities.

The company intends to raise up to $1.6 billion [1] through the offering. This capital injection is designed to support its operational growth and strategic investments in the global software market.

Based on current projections, the firm is targeting a valuation of about $19 billion [1]. This figure reflects the combined market value of its diverse asset base, which includes high-profile tools used by millions of users worldwide.

Bending Spoons has spent recent years pivoting from a developer of niche apps to a curator of established platforms. The acquisition of Evernote and WeTransfer placed the company at the center of digital productivity and file sharing, two sectors currently undergoing rapid transformation due to generative artificial intelligence.

While the company has not yet announced a specific date for the listing, the move would represent one of the largest tech IPOs in Italy's history. The transition to public markets will require the company to provide greater transparency regarding its revenue streams and the performance of its acquired subsidiaries [1].

“Bending Spoons is preparing to go public through an initial public offering”

This IPO represents a strategic shift for Bending Spoons, moving from a private equity-style growth model to a public-market valuation. A $19 billion target suggests the company believes its strategy of acquiring legacy software tools and optimizing them for the modern era is scalable. If successful, the offering will provide a benchmark for other European tech firms looking to monetize a portfolio of acquired global brands.