European IT company Bending Spoons to acquire note-taking app Evernote



Bending Spoons, a major European IT company, has reached a final agreement to acquire Evernote, a memo app that is useful for organizing and sharing all kinds of information, not just simply taking notes, but also images, videos, and PDF files. rice field. The acquisition is expected to close in early 2023.

Bending Spoons to Acquire Renowned Productivity App Evernote to Enhance Suite of Consumer-Facing Digital Products

https://www.prweb.com/releases/bending_spoons_to_acquire_renowned_productivity_app_evernote_to_enhance_suite_of_consumer_facing_digital_products/prweb19024575.htm

Evernote's Next Move: Joining the Bending Spoons Suite of Apps | Evernote Blog
https://evernote.com/blog/evernote-next-move-joining-bending-spoons/

Evernote is a memo application company founded in 2000 by Stepan Pachkov. From 2007, co-founder Phil Libin became CEO and expanded the scale, receiving hundreds of millions of dollars (tens of billions of yen) investment, 11 million users, enterprise value of 1 billion dollars ( 140 billion yen).

However, after that, growth slowed down, and after Mr. Libin retired in 2015, Mr. Chris O'Neil, who was in charge of the smart glass 'Google Glass' at Google, became CEO. It laid off 18% of its workforce and closed three of its 10 offices nationwide.

Evernote dismisses employees globally for organizational restructuring - GIGAZINE


By Sebastian Jaramillo

Mr. O'Neill dismissed 15% of employees in 2018 to correct the company's overexpansion and inefficiency. Around this time, the top executives, including the chief technology officer, left the company at once.

After that, when Mr. Ian Small, former CEO of the platform company TokBox, became CEO, he succeeded in rebuilding with millions of paid users and ordinary income of 100 million dollars (about 14 billion yen).

Bending Spoons, on the other hand, was founded in 2013. Leveraging our in-house platform technology, we have launched numerous portfolios and acquired 500 million users worldwide. At the time of article creation, there are 100 million monthly active users.

Through the acquisition, Bending Spoons plans to apply its platform technology to Evernote to improve usability and further strengthen its reach to customers.

According to Evernote, efforts to 'protect user data safely' will not change in the future, and Evernote, which is loved by users, will continue to prosper.

in Note, Posted by logc_nt