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Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app ...
Vimeo, Inc. is being acquired by Bending Spoons for $1.38 billion, a ~61% premium to its pre-deal price. Click here to read ...
The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.
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.
Vimeo's stock has soared close to the $7.85 per-share price that Italian technology company Bending Spoons has agreed to pay for the video-platform company.
Vimeo has announced that it’s making some major changes to its bandwidth policy, after several creators spoke out about how the company pulled the rug out from under them by demanding large sums of ...
Technology conglomerate Bending Spoons will buy Vimeo for about $1.38 billion in cash and take it private, the companies said ...
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