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608 Europe’s Bending Spoons Buys Vimeo for $1.38 Billion

The Information
Martin Peers @ The Information · today 11:03 EDT

Europe’s Bending Spoons Buys Vimeo for $1.38 Billion

European conglomerate Bending Spoons, owner of Evernote and video software firm Evernote, struck a deal to buy Vimeo for $1.38 billion in cash. The deal rescues the company, which sells video creation and distribution tools, a business threatened by the rise of artificial intelligence video ...

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