Vimeo, the long-standing video platform born from the early days of web creativity, is formally set to hitch the portfolio of Milan-based Tech conglomerate Bending Spoons in a deal valued at roughly €1.1 billion.
The acquisition, introduced at this time, is predicted to finalise within the fourth quarter of the yr, pending regulatory approvals and shareholder consent. As soon as accomplished, Vimeo will probably be delisted from the inventory alternate and grow to be a privately held firm.
“Particularly, after closing, we’re decided to make formidable investments within the US and different precedence markets, and all key areas of the enterprise, spanning each the creator and enterprise choices,” mentioned Luca Ferrari, CEO and co-founder of Bending Spoons. “We’ll deal with attaining much more stellar ranges of efficiency and reliability, bringing superior options to extra clients, and persevering with to launch highly effective and accountable AI-enabled options.”
Based in 2013, Bending Spoons is cell app developer recognized for buying brand-recognised digital platforms and reorienting them towards operational effectivity, usually involving notable restructuring.
The deal locations Vimeo alongside an increasing checklist of manufacturers that features WeTransfer, Evernote, Hopin, komoot, Meetup, and Remini – a few of which have undergone notable organisational restructuring after acquisition.
Particularly, WeTransfer noticed 75% of workers laid off inside weeks of the acquisition. Though Bending Spoons has but to substantiate post-acquisition plans for Vimeo workers, the precedent may very well be trigger for concern.
After buying Evernote in 2022, the corporate shuttered its US and Chile operations, moved its base to Europe, and lower assist for legacy apps. Free tiers of each Evernote and WeTransfer have been then restricted considerably after workers reductions. These actions gasoline hypothesis that Vimeo could also be heading in the direction of a leaner, extra industrial mannequin post-acquisition.
“After a disciplined overview of strategic options, the Board unanimously decided that this all-cash transaction delivers compelling, sure worth to Vimeo shareholders and positions the corporate to speed up its strategic roadmap as a part of Bending Spoons,” mentioned Glenn H. Schiffman, Chairman of the Board. “We’re assured they’re the fitting long-term companion for our clients, staff, and model.”
Bending Spoons just lately raised greater than €500 million in debt, as reported by EU-Startups, reportedly to finance this actual acquisition.
Based in 2004, Vimeo turned an unbiased, publicly traded firm in 2021 after being spun off from Barry Diller’s IAC. Initially boosted by the distant work surge throughout the pandemic, the platform struggled to take care of that momentum post-2022. For the reason that spin-off, its market worth has dropped almost 90%, prompting Vimeo’s management to discover strategic options.
Regardless of this, Vimeo nonetheless holds a outstanding area within the video infrastructure marketplace for companies, significantly in OTT streaming and enterprise video providers.
The $7.85 per share provided to Vimeo shareholders represents a 91% premium over the corporate’s 60-day volume-weighted common as of 9 September 2025.
“We’re enthusiastic about this partnership, which we imagine will unlock even larger focus for our group and clients as we proceed to try in the direction of our international mission to be essentially the most modern and trusted video platform on this planet for companies,” mentioned Philip Moyer, CEO of Vimeo. “Luca and his group are dedicated to increasing our product throughout all segments: Self-Serve, OTT/Vimeo Streaming, and Vimeo Enterprise.”
As soon as the deal closes, Vimeo’s capital inventory will now not be publicly traded. The corporate has additionally introduced it won’t maintain an earnings name for Q3 2025 however will launch written earnings outcomes to fulfil its obligations throughout the transition interval.
With Bending Spoons rumoured to be prepping for a possible IPO within the close to future, the addition of Vimeo might considerably bolster its enterprise providing within the US market – assuming it survives the chop.
