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

Vimeo is taken over by the Italian technology company Bending Spoons based in Milan. The platform, which was once started as ...

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

Vimeo is getting bought up by Bending Spoons, a European software company that has amassed a growing portfolio of businesses, ...

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

Vimeo currently has a consensus target price of $7.85, suggesting a potential upside of 62.19%. Flutter Entertainment has a consensus target price of $312.06, suggesting a potential upside of 40.76%.