United States – Vimeo, Inc. has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38b. Under the terms of the deal, Vimeo shareholders will receive $7.85 per share in cash, representing a 91% premium over the company’s 60-day volume-weighted average share price as of market close on September 9, 2025.
The transaction has been unanimously approved by Vimeo’s board of directors and is expected to close in the fourth quarter of 2025, pending regulatory approvals and a shareholder vote.
“After a disciplined review of strategic alternatives, the Board unanimously determined that 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,” said Glenn H. Schiffman, chairman of the board. “We’re confident they are the right long-term partner for our customers, employees, and brand.”
Vimeo, a video platform widely used by businesses and content creators, will become privately held upon completion of the deal. From here on, its shares will no longer be traded on public exchanges.
Commenting on the agreement, Philip Moyer, Vimeo CEO, said: “Bending Spoons has tremendous respect for the Vimeo team, our customers and the creator community we serve. Luca and his team are committed to expanding our product across all segments: Self-Serve, OTT/Vimeo Streaming, and Vimeo Enterprise.
He also added his excitement for the partnership, noting, “We are excited about this partnership, which we believe will unlock even greater focus for our team and customers as we continue to strive towards our global mission to be the most innovative and trusted video platform in the world for businesses.”
Luca Ferrari, CEO and co-founder of Bending Spoons, added: “We’re looking forward to welcoming Vimeo into the Bending Spoons portfolio. Vimeo is a pioneering brand in the video space, serving a passionate, global community of creators and businesses. At Bending Spoons, we acquire companies with the expectation of owning and operating them indefinitely, and we look forward to realising Vimeo’s full potential as we reach new heights together.”
Luca also underscored their determination to make ambitious investments in the US and other priority markets, “We’ll focus on achieving even more stellar levels of performance and reliability, bringing advanced features to more customers, and continuing to release powerful and responsible AI-enabled features.”
Vimeo has stated it does not plan to hold an earnings call for the third quarter of 2025 but will issue written results in line with the Securities and Exchange Commission requirements.
