Overview
- Vimeo shareholders are being offered $7.85 per share in cash, a price that represents roughly a 91% premium to the 60‑day weighted average.
- The transaction won unanimous approval from Vimeo’s board and is expected to close in the fourth quarter of 2025, subject to shareholder and regulatory clearances.
- Vimeo’s Nasdaq‑listed stock jumped about 65% after the announcement, trading intraday near the offer price at roughly $7.75.
- Bending Spoons’ CEO Luca Ferrari described the purchase as a long‑term investment with plans to invest in the U.S. and other priority markets, expand creator and enterprise offerings, and add responsibly developed AI features.
- The Milan‑based acquirer has built a portfolio including Remini, Evernote, WeTransfer, Meetup, komoot and StreamYard, and says its services reach about 300 million monthly active users.