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.
Below, we take a look at Vimeo, Inc. (VMEO), which currently has a Momentum Style ... past week while the Zacks Technology Services industry is up 2.79% over the same time period. Shares are looking ...
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Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion.
Vimeo is getting bought up by Bending Spoons, a European software company that has amassed a growing portfolio of businesses, including Evernote, WeTransfer, and Meetup. Bending Spoons will pay $1.38 ...