New york: Vimeo, Inc. (NASDAQ: VMEO), a prominent video platform for business, announced its entry into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately $1.38 billion. Under this agreement, Vimeo shareholders will receive $7.85 per share in cash for each share of Vimeo capital stock they own. This per-share purchase price represents a 91% premium over Vimeo's 60-day volume-weighted average share price as of the market close on September 9, 2025.

According to BERNAMA News Agency, Glenn H. Schiffman, Chairman of the Board at Vimeo, stated that after a disciplined review of strategic alternatives, the Board unanimously determined that this all-cash transaction delivers compelling, certain value to Vimeo shareholders. He also mentioned that the agreement positions the company to accelerate its strategic roadmap as part of Bending Spoons. Schiffman expressed confidence in Bending Spoons as the right long-term partner for Vimeo's customers, employees, and brand.