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 has agreed to be acquired by Bending Spoons in an all-cash transaction that values it at approximately $1.38 billion, equating to $7.85 per share for Vimeo shareholders. A few weeks before the ...
Sept 10 (Reuters) - Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal ...
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