Bending Spoons agrees to acquire Vimeo for $1.38B, in an all-cash deal
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Bending Spoons (owner of Brightcove, @Evernote , @Meetup , @Komoot , @Remini , and @WeTransfer ) has announced that they've agreed to acquire Vimeo (NASDAQ: VMEO), the beloved video platform, in an all-cash transaction valued at approximately $1.38 billion, subject to customary conditions, including stockholder and regulatory approvals.
That's a wrap...!
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Well, based on how Evernote and Meetup have fared, at least... so much for Vimeo :(
🫡 Farewell, Vimeo. It’s been a great two decades