Vimeo went public 12 months ago and has been down 90% since then. Investors are nervous about slowing revenue growth and mounting losses. The company still has solid unit economics. Stock for the ...
Video platform Vimeo announced on Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 ...
Vimeo is laying off 11% of its workforce, a company spokesperson confirmed. Vimeo CEO Anjali Sud told staff in an email that the workforce reduction is an attempt to address deteriorating economic ...
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 ...
Sept 10 (Reuters) - Video platform Vimeo, whose popularity surged during the pandemic, said on Wednesday it will be acquired by Italian app developer Bending Spoons for about $1.38 billion, a deal ...
Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 billion, all-cash takeover by European mobile app developer Bending Spoons.
Vimeo is set to get a new owner. Bending Spoons — the parent of Evernote, WeTransfer, Meetup and fellow video streaming platform Brightcove — plans to take the company into private ownership in an all ...
Vimeo CEO Philip Moyer (left) spoke onstage with Fortune’s Kristin Stoller (right) at SXSW in Austin, Texas on March 11. Heidi Jackman/Vimeo “This time last year, a lot of the content of the world was ...
(RTTNews) - Video platform Vimeo, Inc. (VMEO) announced Wednesday that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately ...