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Dubai News Club > Tech > Vimeo to be acquired by Bending Spoons for $1.38 billion
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Vimeo to be acquired by Bending Spoons for $1.38 billion

Press Room
Last updated: 2025/09/10
Press Room
Published: September 10, 2025
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Vimeo is getting bought up by Bending Spoons, a European software company that has amassed a growing portfolio of businesses, including Evernote, WeTransfer, and Meetup. Bending Spoons will pay $1.38 billion to acquire the video hosting platform, and it expects to close the deal later this year.

Vimeo launched in 2004 as a spinoff of CollegeHumor and has long struggled to keep up with its biggest rival: YouTube. In recent years, Vimeo has hiked video hosting fees and shifted toward catering…

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