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 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 ...

Vimeo, the online video platform that has struggled to compete against the likes of YouTube and TikTok, agreed to a $1.38 billion, all-cash takeover by European mobile app developer Bending Spoons.

Vimeo CEO Philip Moyer (left) spoke onstage with Fortune’s Kristin Stoller (right) at SXSW in Austin, Texas on March 11. Heidi Jackman/Vimeo “This time last year, a lot of the content of the world was ...