Bending Spoons plans to acquire Vimeo Inc. for approximately $1.38 billion, highlighting strategic investments in video technology and AI-driven innovations.

Target Information

Vimeo Inc. (NASDAQ:VMEO), a prominent video hosting platform, is preparing for acquisition by Bending Spoons in an all-cash deal valued at approximately $1.38 billion, equating to $7.85 per share. This acquisition offer represents a substantial 91% premium over Vimeo’s 60-day volume-weighted average share price before the announcement, highlighting the offer's significance. Vimeo's Board has unanimously approved the transaction, which is anticipated to conclude in the fourth quarter of 2025. The deal follows Vimeo's announcement of a 10% reduction in workforce and a decision to forgo its Q3 earnings call, indicating a focused shift in business strategy.

In its recent financial report for Q2, Vimeo demonstrated momentum in its enterprise and self-serve segments, bolstered by advancements in artificial intelligence (AI) and platform enhancements. While revenue growth is currently sluggish, Bending Spoons seems to be investing in Vimeo's underlying technology and its potential for business transformation and operational scalability.

Industry Overview in the U.S.

The video hosting industry in the United States is experiencing significant growth, largely driven by a surge in demand for digital content and enhanced communication tools in both corporate and consumer sectors. Companies are increasingly reco