Bending Spoons acquires Vimeo for $1.38B
a day ago
- #acquisition
- #merger
- #video-platform
- Vimeo enters into a definitive agreement to be acquired by Bending Spoons for $1.38 billion.
- Vimeo stockholders will receive all-cash consideration, with the transaction expected to close in Q4 2025.
- The acquisition was unanimously approved by Vimeo’s Board of Directors, pending regulatory and stockholder approvals.
- Post-acquisition, Vimeo will become a privately held company and delist from public stock exchanges.
- Vimeo will not hold an earnings call for Q3 2025 but will release written earnings results.
- Bending Spoons aims to leverage Vimeo’s video platform to enhance its digital technology portfolio.
- Both companies express mutual respect and optimism about the strategic benefits of the acquisition.
- The deal includes forward-looking statements, highlighting potential risks and uncertainties.