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.

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

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell ...

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

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

Vimeo is getting bought up by Bending Spoons, a European software company that has amassed a growing portfolio of businesses, ...

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 ...

Italian tech giant Bending Spoons has agreed a $1.38 billion deal to acquire Vimeo, which will see the company taken private. The deal has been unanimously approved by Vimeo’s board of directors, and ...

Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom are advising Italian technology company Bending Spoons on its $1.38 billion acquisition of American video hosting and sharing platform Vimeo.

Vimeo, Inc., one of the largest and most trusted private video networks in the world, has partnered with global video intelligence leader NPAW to offer a new, natively-integrated analytics suite that ...

Video streaming site Vimeo (NASDAQ:VMEO) has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at about $1.38 billion. Under the terms of the ...