24/7 Market News Snapshot 10 September, 2025 – Vimeo, Inc. Common Stock (NASDAQ:VMEO)
DENVER, Colo., 10 September, 2025 (www.247marketnews.com) – (NASDAQ:VMEO) are discussed in this article.
Vimeo, Inc. has reached a significant agreement with Bending Spoons for an all-cash acquisition valued at approximately $1.38 billion. Under this agreement, Vimeo shareholders are set to receive $7.85 per share, reflecting an impressive 91% premium over the company’s 60-day volume-weighted average share price. This development signals a pivotal shift for Vimeo as it aims to harness Bending Spoons’ innovative digital technology approach.
Glenn H. Schiffman, Chairman of Vimeo’s Board, expressed confidence in the acquisition, stating it delivers substantial value for shareholders and facilitates the acceleration of Vimeo’s strategic roadmap within a compatible family of businesses. Highlighting the shared vision, Philip Moyer, Vimeo’s CEO, conveyed intentions to broaden product offerings across multiple segments, including Self-Serve, OTT/Vimeo Streaming, and Vimeo Enterprise, reinforcing the company’s commitment to addressing customer needs effectively.
Luca Ferrari, CEO and co-founder of Bending Spoons, affirmed Vimeo’s pioneering status in the video domain and expressed enthusiasm in realizing its full potential. He mentioned that Bending Spoons plans to make significant investments in priority markets and key business areas, aiming to elevate performance standards and introduce advanced features tailored for an expanding community of creators and enterprises.
This acquisition has received unanimous approval from Vimeo’s Board of Directors and is anticipated to finalize in the fourth quarter of 2025, subject to customary conditions and shareholder consent. Upon completion, Vimeo will transition to a privately held entity, ceasing public stock trading. This strategic evolution is expected to enhance Vimeo’s mission of delivering exceptional video experiences tailored to its diverse clientele while poised for continued growth and innovation.