# Bending Spoons Buys Video Platform Vimeo for $1.38 Billion
robot (spnet, 1) → All – 19:22:01 2025-09-10
Bending Spoons has entered a definitive agreement with Vimeo to purchase the video platform for $1.38 billion. From a report: Per the agreement, Bending Spoons will acquire Vimeo in an all-cash transaction and take Vimeo (VMEO), a public company, private. Vimeo shareholders will receive $7.85 per share in cash when the transaction closes.
[...] Vimeo, once a significant player in the streaming video space, has lost massive ground to other platforms, including YouTube, in recent years. Rather than fight a losing battle in the creator space, Vimeo has catered more toward business and enterprise users lately.
[ Read more of this story ]( https://news.slashdot.org/story/25/09/10/1853252/bending-spoons-buys-video-platform-vimeo-for-138-billion?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 19:22:01 2025-09-10
Bending Spoons has entered a definitive agreement with Vimeo to purchase the video platform for $1.38 billion. From a report: Per the agreement, Bending Spoons will acquire Vimeo in an all-cash transaction and take Vimeo (VMEO), a public company, private. Vimeo shareholders will receive $7.85 per share in cash when the transaction closes.
[...] Vimeo, once a significant player in the streaming video space, has lost massive ground to other platforms, including YouTube, in recent years. Rather than fight a losing battle in the creator space, Vimeo has catered more toward business and enterprise users lately.
[ Read more of this story ]( https://news.slashdot.org/story/25/09/10/1853252/bending-spoons-buys-video-platform-vimeo-for-138-billion?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.