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Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 billion, all-cash takeover by European mobile app developer Bending Spoons.
Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion.
The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.
Vimeo, Inc. (VMEO) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its ...
Vimeo, Inc., one of the largest and most trusted private video networks in the world, has partnered with global video intelligence leader NPAW to offer a new, natively-integrated analytics suite that ...