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.

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.
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Vimeo: Bending Spoons Gives This Struggling Video Platform A Lifeline

Vimeo, Inc. is being acquired by Bending Spoons for $1.38 billion, a ~61% premium to its pre-deal price. Vimeo's consumer segment had been struggling with revenue and subscriber declines, while ...
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Bending Spoons to take video platform Vimeo private in $1.38 billion deal

Technology conglomerate Bending Spoons will buy Vimeo for about $1.38 billion in cash and take it private, the companies said on Wednesday, sending the online video platform's shares soaring more than ...