10 September, 2025
vimeo-acquired-by-bending-spoons-for-1-38-billion-cash-deal

UPDATE: Vimeo, Inc. has officially entered into a definitive agreement to be acquired by Bending Spoons for a staggering $1.38 billion, marking a significant shift in the video platform market. This all-cash transaction, announced on September 10, 2025, will provide Vimeo shareholders with $7.85 per share, representing a remarkable 91% premium over the company’s recent share price.

The acquisition is poised to redefine Vimeo’s trajectory, as it will become a privately held company upon completion in the fourth quarter of 2025. The move is expected to enhance Vimeo’s capacity for innovation and growth within the competitive video sector.

Glenn H. Schiffman, Chairman of the Board at Vimeo, expressed confidence in the deal, stating, “This all-cash transaction delivers compelling, certain value to Vimeo shareholders.” He emphasized that Bending Spoons is the right long-term partner to accelerate Vimeo’s strategic roadmap.

Vimeo’s CEO, Philip Moyer, echoed these sentiments, highlighting the potential for expanded product offerings across various segments, including Self-Serve, OTT/Vimeo Streaming, and Vimeo Enterprise. “This partnership will allow us to unlock greater focus for our team and customers,” said Moyer, underlining the commitment to innovation and service excellence.

Luca Ferrari, CEO and co-founder of Bending Spoons, shared his enthusiasm for the acquisition, stating, “Vimeo is a pioneering brand, and we look forward to making ambitious investments in key markets.” He indicated that the focus will be on enhancing performance and introducing advanced, AI-enabled features to better serve Vimeo’s global community of creators and businesses.

This acquisition not only signifies a major financial transaction but also aims to bolster Vimeo’s position as a leader in the video experience platform landscape. As of now, Vimeo does not anticipate holding an earnings call for the third quarter of 2025, but will continue to release compliance reports during the pre-close period.

The deal has received unanimous approval from Vimeo’s Board of Directors and is pending customary closing conditions, including stockholder approval and necessary regulatory clearances. Once finalized, Vimeo will no longer be traded publicly, marking the end of an era for its investors.

With the digital video landscape constantly evolving, this acquisition is a critical moment for stakeholders and users alike. As both companies align their visions, the outcome of this partnership could set new benchmarks in video technology innovation.

Stay tuned for further updates as this developing story unfolds.