Digital technology company Bending Spoons has reached a definitive agreement to acquire Vimeo for approximately $1.38 billion in an all-cash transaction. Under the terms of the agreement, Vimeo shareholders will receive $7.85 in cash per share of common stock. This represents a substantial 91% premium over Vimeo’s 60-day volume-weighted average share price as of September 9th, 2025.
The acquisition has received unanimous approval from Vimeo’s board of directors. Upon completion, Vimeo will transition to a privately held company, its shares delisting from all public stock exchanges. Glenn H. Schiffman, Vimeo's chairman, stated that this decision followed a thorough review of strategic options. "After a disciplined review of strategic alternatives, the board unanimously determined that this all-cash transaction delivers compelling, certain value to Vimeo shareholders and positions the company to accelerate its strategic roadmap as part of Bending Spoons," Schiffman said.
Vimeo CEO Philip Moyer expressed enthusiasm for the partnership, highlighting long-term opportunities across Vimeo's self-serve, streaming, and enterprise segments. "We are excited about this partnership, which we believe will unlock even greater focus for our team and customers," Moyer commented.
Luca Ferrari, CEO and co-founder of Bending Spoons, emphasized Vimeo's integration into Bending Spoons' broader portfolio, which includes notable companies like Brightcove, Evernote, Meetup, komoot, Remini, and WeTransfer. Ferrari stated, "We’re determined to make ambitious investments in the U.S. and other priority markets…We’ll focus on achieving even more stellar levels of performance and reliability, bringing advanced features to more customers, and continuing to release powerful and responsible AI-enabled features."
The acquisition is anticipated to finalize in the fourth quarter of 2025, contingent upon regulatory approvals and shareholder ratification. Vimeo has announced that it will not conduct an earnings call for the third quarter of 2025 but will release written results adhering to Securities and Exchange Commission regulations. Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Vimeo, with Allen & Co. acting as its financial advisor. Bending Spoons received counsel from Latham & Watkins LLP and financial guidance from J.P. Morgan, Wells Fargo, and BNP Paribas. EY Advisory SpA and EY SLT provided financial and tax due diligence.