The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.

Vimeo, Inc. is being acquired by Bending Spoons for $1.38 billion, a ~61% premium to its pre-deal price. Click here to read ...

Truist downgraded Vimeo (VMEO) to Hold from Buy with a price target of $7.85, down from $8, after the company entered into an agreement to be ...

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.

Bending Spoons, meanwhile, has a track record of gutting the companies it takes over. It bought Evernote in 2022 and laid off ...