Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal

Vimeo video platform agreed on Wednesday to be acquired by Bending Spoons in a $1.38 billion all-cash ￰0￱ deal is pending customary closing conditions and regulatory approvals and is expected to close in the fourth quarter of ￰1￱ deal will also have to be approved by Vimeo shareholders and the company to obtain the required regulatory ￰2￱ video platform also said it will become a privately held company after the completion of the deal, and its shares will no longer be listed on any public stock ￰3￱ believes an all-cash deal will deliver value for its shareholders $VMEO Vimeo to be acquired by Bending Spoons for $1.38B Sep. 10, 2025 Video streaming site Vimeo (NASDAQ:VMEO) has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at about $1.38 ￰4￱ the terms of the agreement,… ￰5￱ — MarketMaestro (@MarketMaestro1) September 10, 2025 As part of the agreement, Vimeo shareholders expect to receive $7.85 per share in cash for each of the company’s capital stock that they ￰6￱ of market close on Tuesday, the firm’s per-share purchase price equates to a 91% premium over Vimeo’s 60-day volume-weighted average share ￰7￱ of Vimeo’s board, Glen Schiffman, said the board reviewed strategic alternatives and unanimously determined that an all-cash deal would deliver specific value to the company’s ￰8￱ also believes the agreement positions the firm to advance its strategic roadmap as part of Bending ￰9￱ is confident that Vimeo is the right long-term partner for its customers, employees, and ￰10￱ CEO Philip Moyer acknowledged that Bending Spoons respects his team, customers, and the creator community the company ￰11￱ also revealed that Europe’s latest mobile app developer is committed to expanding Vimeo’s products across segments, including Self-Service, OTT/Vimeo Streaming, and Vimeo Enterprise.

“We are excited about this partnership, which we believe will unlock even greater focus for our team and customers as we continue to strive towards our global mission to be the most innovative and trusted video platform in the world for businesses.” – Philip Moyer , CEO of ￰12￱ Ferrari, co-founder and CEO of Bending Spoons, revealed that they acquire companies with the expectation of owning and operating them ￰13￱ added that he looks forward to realizing Vimeo’s full potential in their ￰14￱ disclosed that Bending Spoons is determined to invest in the ￰15￱ other priority markets after closing the ￰16￱ also said the company wants to focus on achieving higher performance and reliability, which he believes will bring advanced features to more ￰17￱ said it doesn’t expect to hold the Q3 earnings call, but will continue to meet its applicable reporting obligations during the pre-close ￰18￱ firm said it will release a written Q3 earnings report in accordance with SEC ￰19￱ Spoons raises debt for more acquisitions The Italian company also raised over 500 million euros in debt last month to advance its software ￰20￱ initiative was led by major banks including JPMorgan, Credit Agricole, and BNP ￰21￱ financial institutions participated, such as Bank of America, Barclays, Banco BPM, HSBC , Goldman Sachs, Mizuho, Wells Fargo, Intesa Sanpaolo, and Société Générale.

According to a Bloomberg report, Ferrari said the initiative will be directed to acquiring another firm by early next ￰22￱ report also revealed that the debt includes a 350 million euro loan that Bending Spoons leveraged earlier this ￰23￱ source also suggested that the debt was supported by an additional 100 million euro facility aimed at advancing its ￰24￱ Milan-headquartered company acquired other companies, including note-taking and task management app Evernote, in ￰25￱ initiative led to Evernote laying off most of its ￰26￱ Chile staff as it moved operations to Europe the following ￰27￱ note-taking firm later shut down its Linux and older legacy versions of its app in 2024, placing heavy restrictions on its free ￰28￱ European company also acquired Brightcove for roughly $233 million last ￰29￱ company also secured a $600 million debt to fund the streaming platform’s acquisition while adding cash flow for future ￰30￱ Spoons has also acquired WeTransfer, Remini, Meetup, and ￰31￱ seen where it ￰32￱ in Cryptopolitan Research and reach crypto’s sharpest investors and builders.