Video platform Vimeo announced on Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 ...

Vimeo stockholders to receive $7.85 per share in cashBending Spoons reinforces its commitment to innovation in the video platform market “After a disciplined review of strategic alternatives, the ...

Piper Sandler downgraded Vimeo (VMEO) to Neutral from Overweight with a price target of $7.85, up from $7, after the company entered into an agreement to be acquired by Bending Spoons in an all-cash ...

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 video platform agreed on Wednesday to be acquired by Bending Spoons in a $1.38 billion all-cash deal. The deal is pending customary closing conditions and regulatory approvals and is expected to ...