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Bending Spoons to Take Vimeo Private in $1.38 Billion All-Cash Deal

The offer caps a strategic review, positioning Vimeo for AI-driven product expansion under private ownership.

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.