Vimeo to be acquired by Bending Spoons for $1.38 billion

image via The Verge

September 10, 2025, 3:22 PM

• •Bending Spoons to acquire Vimeo.
• •Vimeo will be taken private.
• •Deal expected to close this year.
• •Concerns raised about Bending Spoons' track record.

Bending Spoons, a European software company, will acquire Vimeo for $1.38 billion, taking the video hosting platform private. The deal is expected to close later this year. Vimeo, a long-time competitor of YouTube, has struggled and recently implemented layoffs and shifted towards enterprise clients. Bending Spoons has a history of layoffs and changes to acquired companies' services. This acquisition aims to help Vimeo reach its full potential.

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