In a significant development in the digital media landscape, Vimeo announced its acquisition by Bending Spoons, a digital technology company. The all-cash transaction is valued at approximately $1.38 billion. Each Vimeo shareholder will receive $7.85 per share of common stock, marking a premium of 91% compared to the 60-day volume-weighted average share price as of September 9th, 2025.
The deal, unanimously approved by Vimeo’s board of directors, will transform Vimeo into a privately held entity. Its shares will be delisted from all public stock exchanges. Glenn H. Schiffman, chairman of Vimeo’s board, stated that the 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 explained.
Vimeo’s CEO, Philip Moyer, expressed optimism about the long-term potential of this partnership with Bending Spoons, highlighting opportunities across 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 said.
Luca Ferrari, CEO and co-founder of Bending Spoons, emphasized Vimeo's integration into Bending Spoons' broader portfolio, which includes notable names like Brightcove, Evernote, Meetup, komoot, Remini, and WeTransfer. “We’re determined to make ambitious investments in the U.S. and other priority markets,” Ferrari said. “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 scheduled to close in the fourth quarter of 2025, contingent upon regulatory approvals and shareholder approval. Vimeo clarified that a third-quarter 2025 earnings call is not planned, but written results will be released according to Securities and Exchange Commission regulations. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel for Vimeo, with Allen & Co. serving as its financial advisor. Bending Spoons received legal counsel from Latham & Watkins LLP and financial advice from J.P. Morgan, Wells Fargo, and BNP. Financial and tax due diligence was provided by EY Advisory SpA and EY SLT.