Vimeo's stock has soared close to the $7.85 per-share price that Italian technology company Bending Spoons has agreed to pay for the video-platform company. Shares were up 61% at $7.74 in the morning ...
Vimeo, Inc. is being acquired by Bending Spoons for $1.38 billion, a ~61% premium to its pre-deal price. Vimeo's consumer segment had been struggling with revenue and subscriber declines, while ...
Vimeo is struggling against YouTube, with disappointing Q1 results and a stock in free fall, despite aggressive buybacks. The consumer business faces fierce competition, and recent price hikes may ...