Vimeo to Be Acquired for $1.38 Billion in Cash by Italian Tech Firm Bending Spoons

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 $1.38 billion. Bending Spoons, based in Milan, Italy, has acquired a number of digital technology businesses, including Evernote, Issuu, Meetup, Remini, StreamYard, […]