Vimeo Announces Agreement to be Acquired by Bending Spoons for $1.38 Billion in All-Cash Deal

Reuters
09/10
Vimeo Announces Agreement to be Acquired by Bending Spoons for $1.38 Billion in All-Cash Deal

Vimeo Inc. has announced that it is set to become a privately held company following its acquisition by Bending Spoons. The transaction has received unanimous approval from Vimeo's Board of Directors and is anticipated to be finalized in the fourth quarter of 2025. Upon completion, Vimeo's shares will no longer be traded on any public stock exchange. Luca Ferrari, CEO and co-founder of Bending Spoons, expressed enthusiasm for the acquisition, highlighting plans for significant investments in the U.S. and other key markets to enhance Vimeo's offerings. Vimeo CEO Philip Moyer stated that the partnership with Bending Spoons is expected to bolster the company's focus and innovation in the video platform space.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vimeo Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9526710-en) on September 10, 2025, and is solely responsible for the information contained therein.

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