Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal

The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.

Vimeo to Be Acquired for $1.38 Billion in Cash by Italian Tech Firm Bending Spoons

Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion.
Zacks Investment Research on MSN

Vimeo, Inc. (VMEO) Is Up 0.13% in One Week: What You Should Know

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell ...
Reuters

Italy's Bending Spoons to take Vimeo private in $1.38 billion deal

Sept 10 (Reuters) - Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal ...

Bending Spoons to Buy Vimeo in $1.38 Billion All-Cash Deal

Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 billion, all-cash takeover by European mobile app developer Bending Spoons.