Digital Publishing Platform Issuu Acquired by Bending Spoons
July 19 2024 - 10:45AM
Business Wire
Technology company Bending Spoons today announced that it has
closed the acquisition of Issuu, the renowned digital publishing
platform.
Issuu CEO, Joe Hyrkin, said of the acquisition: “Issuu has
become the leading digital publishing platform, with more than one
million creators and marketers using the platform annually and 100
million unique users per month consuming Issuu-processed content.
Issuu has become the de facto standard for any company or publisher
that wants to digitally reach and expand its audience. Given
Issuu’s status as a profitable and growing company, Bending Spoons
is uniquely positioned to dramatically extend Issuu’s reach and the
impact we can offer to businesses globally.”
Bending Spoons CEO, Luca Ferrari, said: “We’re impressed by what
the Issuu team has achieved over the years, and we’re enthusiastic
about its future prospects. By leveraging the Bending Spoons
expertise and platform technologies, we believe we can help Issuu
progress further.”
Issuu is funded by Heartcore Ventures and KDDI Open Innovation
Fund. Issuu was assisted on legal matters by Goodwin Procter.
Lightning Partners served as exclusive financial advisor to Issuu
on the transaction.
Bending Spoons was assisted on legal matters by Willkie Farr
& Gallagher LLP as lead US and Germany counsel, by Kromann
Reumert in Denmark, and by Pérez-Llorca in Portugal. EY Advisory
SpA assisted with the financial and tax due diligence.
About Issuu
Founded in Denmark in 2006 and headquartered in Palo Alto,
California, Issuu is the industry-leading digital publishing
platform.
Today, more than one million creators and marketers worldwide
leverage Issuu’s intuitive platform to put their message front and
center with dynamic digital assets.
For more information, visit issuu.com.
About Bending Spoons
Bending Spoons has served a billion people across the globe
through its suite of digital technology products, including
Evernote, Meetup, Remini, StreamYard, and Splice. Its products are
currently used by more than 100 million people each month.
For more information, visit bendingspoons.com.
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For inquiries, please contact press@bendingspoons.com.