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's enterprise video segment is growing rapidly, expected to reach a $100 million annualized run rate, with strong profitability and a solid balance sheet. Despite competition from YouTube and ...
The Italian mobile application developer Bending Spoons S.p.A. today announced its intent to acquire the YouTube rival Vimeo.com Inc. in an all-cash deal worth around $1.38 billion. Bending Spoons ...
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.
This acquisition will see Vimeo acquired for $7.85 per share in an all-cash transaction valued at $1.38 billion. The deal, which has been unanimously approved by Vimeo’s Board of Directors, is ...
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 ...
Shares in digital conglomerate Interactive Corp. are up 14% today after the company announced that its video subsidiary Vimeo will be spun off into its own company in 2021. In the quarter ending in ...
Shares of video-hosting provider Vimeo fell 12.85% on Tuesday, its first day of trading as a publicly traded company after being spun off from Barry Diller’s IAC internet conglomerate. Vimeo stock ...
is The Verge’s executive editor. He has covered tech, policy, and online creators for over a decade. Vimeo is being spun off into a standalone public company as the video streaming site sees rapid ...
After abandoning its plans to launch a subscription video-on-demand business earlier this year, IAC-owned streaming video site Vimeo announced today that it’s acquiring the live video streaming ...
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