Techcrunch Bending Spoons Acquires Eventbrite for $500 Million
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Bending Spoons, a Milan-based tech conglomerate, has acquired Eventbrite for $500 million. This acquisition aims to revitalize Eventbrite's stagnant brand, which was once valued at $1.76 billion at its IPO in 2018. Bending Spoons has a history of acquiring and revitalizing tech companies with strong brands but declining growth.
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