Vimeo is going private: The video platform, at one time a would-be competitor to YouTube, has agreed to be acquired by European tech company Bending Spoons, in an all-cash deal valued at approximately ...
The Italian mobile application developer Bending Spoons S.p.A. today announced its intent to acquire the YouTube rival Vimeo.com Inc. in an all-cash deal worth around $1.38 billion. Bending Spoons ...
Vimeo has agreed to be acquired by Bending Spoons in an all-cash transaction that values it at approximately $1.38 billion, equating to $7.85 per share for Vimeo shareholders. A few weeks before the ...
Vimeo declined more than 90% from its highs. The stock is now reaching deep value territory. The company has a strong brand presence and high-quality video technology. Vimeo has significant growth ...
The aggregate consideration for the acquisition was approximately $1.38 billion in cash, slightly above Vimeo’s market capitalization of $1.31 billion. The acquisition price of $7.85 per share sits ...
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