Luca Ferrari, Bending Spoons CEO and co-founder, said the company intends to make "ambitious" investments in Vimeo, spanning ...

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Vimeo agreed to be acquired by European tech company Bending Spoons in an all-cash deal valued at approximately $1.38 billion ...

Bending Spoons, meanwhile, has a track record of gutting the companies it takes over. It bought Evernote in 2022 and laid off ...

The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024.

Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 ...

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