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The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.
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Strength Seen in Vimeo (VMEO): Can Its 60.9% Jump Turn into More Strength?
Vimeo, Inc. (VMEO) shares ended the last trading session 60.9% higher at $7.74. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This ...
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 ...
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