Bending Spoons Acquires WeTransfer in Strategic Expansion

The latest news coming in from the tech world is that the digital technology firm Bending Spoons based in Milan has acquired WeTransfer, the online digital file transfer service.

Image from Bending Spoons

This latest acquisition is a part of the company’s long-term development plan, which implies the diversification of digital products and services and the strengthening of the company’s position in the global tech market.

WeTransfer has a simple interface and is considered one of the best in terms of file sharing; it has a significant number of users who will become part of Bending Spoons’ services. This move correlates with other recent activities by Bending Spoons who have recently been on a spree of acquiring other valuable technology assets including the likes of Evernote and the digital assets of the Mosaic Group.

While WeTransfer is growing every other day, WeTransfer CEO Alexandar Vassilev said that:

In the last decade, the platform development resulted in 600,000 subscribers and 80 million monthly active users. TechCrunch reported.

It is also understood that the inclusion of WeTransfer into the ecosystem of Bending Spoons will open new opportunities for the company regarding the development of new products, services, or solutions, and it will be focused on productivity and creative tools. Bending Spoons, which has a solid background in mobile application development with Splice and Remini apps, might improve WeTransfer’s functionalities with their inventions.

In the past, Bending Spoons has made notable acquisitions including Evernote in 2022 to expand their productivity tools, and digital assets from Mosaic Group in 2023.

These moves align with their strategy to enhance their app ecosystem with creative and productivity solutions.

Bending Spoons CEO Luca Ferrari said in a statement:

 “WeTransfer is a highly respected name in the technology and creative spaces. We’re enthusiastic about becoming its new owner, and we feel a strong sense of responsibility to help the brand and the business thrive for many years to come,”.

No specific financial information regarding the acquisition was released, although this transaction shows Bending Spoons’ desire to become a major player in digital solutions, providing everything from file hosting to application creation and productivity solutions.

From this acquisition, it is possible to expect new features and integration that will be useful to the users of both platforms and confirm Bending Spoons as a modern technology company.

However, new staff layoffs would be seen as Bending Spoons has a history of laying off employees for each company it acquired in the past.