Overview
- Vimeo shareholders will receive $7.85 per share in cash, a 63% premium to the last close and a 91% premium to the 60-day volume-weighted average price.
- The transaction is slated to close in the fourth quarter of 2025 pending shareholder and regulatory approvals, after which Vimeo will be delisted.
- Vimeo’s board unanimously approved the takeover, and the stock jumped about 60% on the announcement.
- Bending Spoons says it will invest in U.S. growth, performance and reliability improvements, and new responsible AI-enabled features across creator and enterprise offerings.
- Reporters note the acquirer’s past deals often led to large layoffs and feature restrictions at companies like Evernote and WeTransfer, while Vimeo cut roughly 10% of its staff last week.