Vimeo, Inc. has announced its definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38 billion. Under the terms of the agreement, Vimeo shareholders will receive $7.85 per share in cash for each share of Vimeo capital stock that they own. This per-share purchase price represents a 91% premium over Vimeo’s 60-day volume-weighted average share price as of market close on September 9, 2025.
The transaction, which was unanimously approved by Vimeo’s board of directors, is expected to close in the fourth quarter of 2025, subject to customary closing conditions and approvals, including approval by Vimeo’s stockholders and the receipt of required regulatory approvals. Upon the completion of the transaction, Vimeo will become a privately held company, and its capital stock will no longer be listed on any public stock exchange.
Vimeo's financial reporting update states that the company does not currently expect to hold an earnings call for the third quarter of 2025. However, the company expects to release written third-quarter earnings results for the third quarter of 2025 in accordance with SEC rules and to continue meeting its applicable reporting obligations during the pre-close period.
Vimeo's legal advisors for the transaction are Skadden, Arps, Slate, Meagher & Flom LLP, and Allen & Company LLC is serving as financial advisors. Bending Spoons is being advised by Latham & Watkins LLP, with J.P. Morgan and Wells Fargo acting as joint lead financial advisors and BNP acting as a financial advisor. EY Advisory SpA and EY SLT provided financial and tax due diligence services.
Vimeo, a leading video platform for business, serves a community of millions of users, from creative storytellers to globally distributed teams at the world's largest companies, whose videos receive billions of views each month.
Bending Spoons, the acquiring company, has served a billion people across the globe through its suite of digital technology businesses, including Brightcove, Evernote, Meetup, Komoot, Remini, and WeTransfer. Its products are currently used by more than 300 million people and 10 million paying customers each month. The market has reacted to these announcements by moving the company's shares -0.07% to a price of $7.735. For the full picture, make sure to review Vimeo's 8-K report.
