Bending Spoons Acquires Vimeo for $1.38 Billion: Strategic Move to Revitalize Video Platform and Expand OTT Market Presence

Bending Spoons has agreed to acquire video platform Vimeo for $1.38 billion in an all-cash deal, taking Vimeo private after years of public trading. The acquisition aims to unlock Vimeo’s full potential by expanding investments in key markets, enhancing AI-powered features, and growing both creator and enterprise offerings under Bending Spoons’ ownership. The deal is expected to close in the fourth quarter of 2025, pending approvals