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@lilmikesf@c.im
2025-09-12 02:56:34

#Italian corp aggregator of failed #VC discards #BendingSpoons buys assets of #Vimeo the once high flying premium

Vimeo has agreed to be acquired by Bending Spoons in an all-cash transaction that values Vimeo at approximately $1.38 billion This is a 90% reduction since spun off by Barry Diller in 2021, when the company's market cap was approximately $17.8 billion.