Vimeo, Inc. has announced a definitive agreement to be acquired by Bending Spoons in an all-cash deal valued at approximately $1.38 billion. Under the terms of the agreement, Vimeo shareholders will receive $7.85 per share, which reflects a significant 91% premium over Vimeo’s 60-day volume-weighted average share price as of the market close on September 9, 2025. This acquisition is set to enhance Bending Spoons’ portfolio within the competitive video platform market.
The acquisition was unanimously approved by Vimeo’s Board of Directors. Chairman Glenn H. Schiffman expressed confidence in the decision, stating, “This all-cash transaction delivers compelling, certain value to Vimeo shareholders and positions the company to accelerate its strategic roadmap as part of Bending Spoons.”
Bending Spoons CEO Luca Ferrari emphasized the company’s commitment to Vimeo, highlighting plans to invest in its growth across various segments, including self-serve, over-the-top (OTT) streaming, and enterprise solutions. “Vimeo is a pioneering brand in the video space, serving a passionate, global community of creators and businesses,” Ferrari noted. His remarks underscore an intention to maintain and enhance Vimeo’s innovative edge in the market.
Transaction Details and Future Outlook
The transaction is expected to close in the fourth quarter of 2025, pending customary closing conditions, including approval from Vimeo’s stockholders and the necessary regulatory approvals. Once finalized, Vimeo will transition to a privately held company, and its shares will no longer be traded on public stock exchanges.
Vimeo does not anticipate holding an earnings call for the third quarter of 2025. Instead, it plans to release written earnings results as required by the Securities and Exchange Commission (SEC) during the pre-close period.
Both companies are engaging prominent advisory firms to facilitate the transaction. Skadden, Arps, Slate, Meagher & Flom LLP serves as legal advisor for Vimeo, while Latham & Watkins LLP is providing legal advice to Bending Spoons. Financial advisory roles are filled by J.P. Morgan and Wells Fargo, with BNP also participating in the advisory process.
About Vimeo and Bending Spoons
Vimeo (NASDAQ: VMEO) has established itself as a leader in the video experience sector, catering to a diverse user base that includes creative storytellers and large enterprises. The platform enables users to create high-quality video content, which collectively garners billions of views monthly.
Bending Spoons has successfully catered to a global audience with its suite of digital technology businesses, which includes well-known brands like Brightcove, Evernote, and Meetup. The company has reached over 300 million users and maintains 10 million paying customers monthly.
As both companies prepare for the transition, the focus remains on ensuring a seamless integration that maximizes the potential of Vimeo’s services while driving innovation in video technology. Stakeholders and market observers will be closely monitoring the developments leading up to the anticipated closing date.
For further updates, interested parties can access detailed information about the acquisition and its implications through the SEC’s website and Vimeo’s investor relations webpage.
