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 ...
This acquisition will see Vimeo acquired for $7.85 per share in an all-cash transaction valued at $1.38 billion. The deal, which has been unanimously approved by Vimeo’s Board of Directors, is ...