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