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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.
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 ...
The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.
Sept 10 (Reuters) - Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal ...
The Italian mobile application developer Bending Spoons S.p.A. today announced its intent to acquire the YouTube rival Vimeo.com Inc. in an all-cash deal worth around $1.38 billion. Bending Spoons ...
Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion.
Vimeo, the video network, has partnered with video intelligence specialist NPAW to offer a natively-integrated analytics ...