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 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 ...
Shares of video software platform Vimeo (NASDAQ:VMEO) jumped 60.5% in the morning session after the company announced it entered into a definitive agreement to be acquired by technology company ...
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 ...
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