Italy's Bending Spoons to take Vimeo private in $1.38 billion deal

Lucian Nemoiu

Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal that would take it private after more than four years of its debut. Vimeo shareholders will get $7.85 in cash for each share owned — implying a 63 per cent premium to the stock's last close. Its shares jumped more than 60 per cent to $7.74. The company, spun off from American media executive and entrepreneur Barry Diller'

Tag-uri: Italia

Italy's Bending Spoons to take Vimeo private in $1.38 billion deal https://www.channelnewsasia.com/ - 10.09.2025 20:34
Bending Spoons to take video platform Vimeo private in $1.38 billion deal https://www.channelnewsasia.com/ - 10.09.2025 16:25

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Italy's Bending Spoons to take Vimeo private in $1.38 billion deal https://www.channelnewsasia.com/ - 10.09.2025 20:34
Bending Spoons to take video platform Vimeo private in $1.38 billion deal https://www.channelnewsasia.com/ - 10.09.2025 16:25