The Italian tech company has entered into an agreement to buy the US based live-streaming and video-recording business
Autore: e. b.
Milan based technology company Bending Spoons has agreed to acquire StreamYard Top Corp (also known as Hopin), which owns and operates the products StreamYard, Streamable, and Superwave. With millions of users worldwide, StreamYard has powered the live-streaming and recording of more than 60 million videos to date.
Bending Spoons, founded in 2013 and headquartered in Milan, Italy is the first European developer of mobile apps with over half a billion users worldwide, and closed 2022 with more than 150 million Euros in revenue. At the end of 2022, Bending Spoons acquired Evernote, the renowned personal productivity app, boasting approximately $100 million in recurring revenue, millions of paying customers, and almost 11 billion notes created with its cross-platform apps.
“Our team has built incredible brands, technologies, and global communities across our suite of products comprised of StreamYard, Streamable, and Superwave. We are grateful to our team and customers and look forward to seeing the business and products grow to the next level with Bending Spoons,” said Badri Rajasekar, CEO at Hopin.
“We admire what the StreamYard team has built and look forward to leveraging our know-how and technologies to help its solutions reach new heights going forward,” added Luca Ferrari, Co-founder and CEO of Bending Spoons.