Vimeo, Inc. (NASDAQ: VMEO), a leading video platform for business, has announced that it has entered into a definitive agreement to be acquired by Bending Spoons for approximately $1.38 billion in an all-cash transaction. 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 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 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 CEO, Philip Moyer, expressed excitement about the partnership with Bending Spoons, stating that they believe it will unlock even greater focus for the team and customers as they continue to strive towards their global mission to be the most innovative and trusted video platform in the world for businesses.
Bending Spoons CEO and co-founder, Luca Ferrari, also commented on the acquisition, expressing the company's commitment to making ambitious investments in the US and other priority markets, as well as in all key areas of the business, spanning both the creator and enterprise offerings.
As a result of the acquisition, Vimeo does not currently expect to hold an earnings call for the third quarter of 2025. 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.
The financial advisors for the transaction include Skadden, Arps, Slate, Meagher & Flom LLP as legal advisors to Vimeo, and Allen & Company LLC as financial advisors. Latham & Watkins LLP is serving as the legal advisor to Bending Spoons, with J.P. Morgan and Wells Fargo acting as joint lead financial advisors and BNP acting as a financial advisor.
Vimeo, known as the world's most innovative video experience platform, boasts 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 acquirer, has served a billion people across the globe through its suite of digital technology businesses, including Brightcove, Evernote, Meetup, Komoot, Remini, and WeTransfer, with its products currently being used by more than 300 million people and 10 million paying customers each month. Today the company's shares have moved 61.02% to a price of $7.745. If you want to know more, read the company's complete 8-K report here.
