Vimeo's Wild Ride: Bending Spoons Acquires Video Platform
Update: 2025-09-10
Description
Vimeo's stock price skyrocketed over 60% after announcing its acquisition by Bending Spoons for $1.38 billion, offering shareholders a 91% premium. The deal, unanimously approved by Vimeo's board, is expected to close in Q4 2025, taking Vimeo private. This surge follows recent gains fueled by Federal Reserve optimism, but IPO investors still face losses, highlighting the volatile nature of tech investments.
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