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Vimeo Agrees to $1.38B Acquisition by Bending Spoons in All-Cash Deal

Vimeo Agrees to $1.38B Acquisition by Bending Spoons in All-Cash Deal

Published:
2025-09-10 20:03:02
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BTCCSquare news:

Vimeo, the video-sharing platform, has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38 billion. The deal, pending shareholder and regulatory approvals, is expected to close in Q4 2025.

Shareholders will receive $7.85 per share in cash, representing a 91% premium over Vimeo's 60-day volume-weighted average price. Upon completion, Vimeo will transition to private ownership and delist from public exchanges.

Glen Schiffman, Chairman of Vimeo's board, emphasized the board's unanimous conclusion that the all-cash transaction delivers optimal value. The acquisition marks a significant consolidation in the digital media space as platforms seek strategic partnerships amid evolving market dynamics.

|Square

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