Overview
- Vimeo’s board unanimously approved the agreement following a strategic review and characterized the outcome as delivering certain value to shareholders.
- The offer represents a 91% premium to Vimeo’s 60-day volume-weighted average price as of Sept. 9, 2025.
- Upon closing, Vimeo will be taken private and its shares will be delisted from public exchanges.
- Bending Spoons signaled plans to invest across creator and enterprise products, expand market reach, and continue rolling out AI-enabled features after the deal closes.
- Vimeo does not expect to hold a third-quarter earnings call and will issue written results during the pre-close period while the company prepares proxy materials for a shareholder vote.