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Bending Spoons Buys Video Platform Vimeo for $1.38 Billion
Wednesday September 10, 2025. 08:53 PM , from Slashdot
Bending Spoons has entered a definitive agreement with Vimeo to purchase the video platform for $1.38 billion. From a report: Per the agreement, Bending Spoons will acquire Vimeo in an all-cash transaction and take Vimeo (VMEO), a public company, private. Vimeo shareholders will receive $7.85 per share in cash when the transaction closes.
Vimeo, once a significant player in the streaming video space, has lost massive ground to other platforms, including YouTube, in recent years. Rather than fight a losing battle in the creator space, Vimeo has catered more toward business and enterprise users lately. Read more of this story at Slashdot.
https://news.slashdot.org/story/25/09/10/1853252/bending-spoons-buys-video-platform-vimeo-for-138-bi...
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