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Bending Spoons to Acquire Vimeo for $1.38 Billion in All‑Cash Deal, Taking It Private

The buyer frames privatization as a way to speed Vimeo’s roadmap outside public‑market constraints.

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 SpoonsCEO 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.