Bending Spoons to Buy Vimeo in $1.38 Billion All-Cash Deal

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 to be acquired by Bending Spoons in $1.38B all-cash deal

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

Vimeo to Be Acquired for $1.38 Billion in Cash by Italian Tech Firm Bending Spoons

Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion.

EA, Vimeo Led the Leverage Buyouts That Drove September M&A in Entertainment

This report is a partnership between WrapPRO and PitchBook, the go-to financial data and software platform that provides ...

Evernote and WeTransfer owner Bending Spoons is set to buy Vimeo for $1.38 billion

Bending Spoons, meanwhile, has a track record of gutting the companies it takes over. It bought Evernote in 2022 and laid off most of the note-taking service's workers the following year. Bending ...