Vimeo, the New York-based video platform for business, said it agreed to be acquired by Milan-based technology conglomerate Bending Spoons in an all-cash transaction valued at $1.38 billion.
Vimeo shareholders will receive $7.85 per share in cash for each share of Vimeo capital stock that they own.
Vimeo said: “The 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.”
Upon completion of the transaction, Vimeo will become a privately held company.
Bending Spoons owns a suite of digital technology businesses around the world, including Brightcove, Evernote, Meetup, komoot, Remini, and WeTransfer.
Vimeo chairman Glenn Schiffman said: “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.
“We’re confident they are the right long-term partner for our customers, employees, and brand.”
Bending Spoons CEO and co-founder Luca Ferrari said: “Vimeo is a pioneering brand in the video space, serving a passionate, global community of creators and businesses.
“At Bending Spoons, we acquire companies with the expectation of owning and operating them indefinitely, and we look forward to realizing Vimeo’s full potential as we reach new heights together.
“In particular, after closing, we’re determined to make ambitious investments in the US and other priority markets, and all key areas of the business, spanning both the creator and enterprise offerings.
“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.”
Vimeo CEO Philip Moyer said: “Bending Spoons has tremendous respect for the Vimeo team, our customers and the creator community we serve.
“Luca and his team are committed to expanding our product across all segments: Self-Serve, OTT/Vimeo Streaming, and Vimeo Enterprise.
“We are excited about this partnership, which we believe will unlock even greater focus for our team and customers as we continue to strive towards our global mission to be the most innovative and trusted video platform in the world for businesses.”
Skadden, Arps, Slate, Meagher & Flom LLP are serving as legal advisors to Vimeo, and Allen & Company LLC as financial advisors.
Latham & Watkins LLP is serving as legal advisor to Bending Spoons. J.P. Morgan and Wells Fargo acted as joint lead financial advisors and BNP acted as financial advisor. EY Advisory SpA and EY SLT provided financial and tax due diligence services.