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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.
Bending Spoons, meanwhile, has a track record of gutting the companies it takes over. It bought Evernote in 2022 and laid off ...
V imeo video platform agreed on Wednesday to be acquired by Bending Spoons in a $1.38 billion all-cash deal. The deal is pending customary closing conditions and regulatory approvals and is expected ...