US-based video platform Vimeo to be acquired by Bending Spoons in an all-cash transaction. The deal is expected to close in the fourth quarter of 2025.

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New York-based Vimeo, a video platform for business, announced an agreement to be acquired by Milan’s Bending Spoons in an all-cash transaction valued at $1.38B (nearly €1.18B).

Founded in 2004, Vimeo provides a video platform that allows users to create and share high-quality video content, serving millions of creators and teams worldwide with videos that generate billions of views each month.

Under the agreement, Vimeo shareholders will receive $7.85 (nearly €6.72) per share for each share of Vimeo stock they own. The purchase price represents a 91 per cent premium over Vimeo’s 60-day volume-weighted average share price as of market close on September 9, 2025.

Vimeo’s Board of Directors approved the acquisition by Bending Spoons. Glenn H. Schiffman, Chairman of the Board, says, “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.”

“We’re confident they are the right long-term partner for our customers, employees, and brand.”

Bending Spoons outlines plans to expand Vimeo’s services

The deal is expected to close in the fourth quarter of 2025, pending stockholder approval, regulatory approvals, and other customary conditions.

After the deal, Vimeo will become privately held and its stock will no longer be publicly traded.

Philip Moyer, Vimeo CEO, says, “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.”

“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, Bending Spoons CEO and co-founder, adds, “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. In particular, after closing, we’re determined to make ambitious investments in the US and other priority markets, and all key areas of the business, spanning both the creator and enterprise offerings.”

“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.”

Brief about Bending Spoons

Founded in 2013, Bending Spoons owns and operates digital products, including Evernote, komoot, Meetup, Remini, StreamYard, and WeTransfer, and develops the technology behind them. 

Its products reach over 300 million users and 10 million paying customers each month, serving a total of one billion people globally.