Vimeo obtained bending spoon for 1.38 billion dollars

Vimeo is purchased by bending of a spoon, a European software company that has become a growing portfolio of enterprises, including Evernote, Vatransfer and Meetup. Bending spoon will pay 1.38 billion dollars To gain video hosting platform, and expects to close the agreement later this year.

Vimeo was 2004. Launched in 2004. year as a spinoff faculty language and long fought to keep up to date with its greatest rivals: YouTube. In recent years, Vimeo had PlanSane Video Hosting and moved toward Catering company companies Like creators who want to enter their content. Philip Moyer joined Vimeu as Executive Director last year because the company began Impairment in AI tools. Just last week, Moier announced The platform lays about 10 percent of the company’s workforce.

“We get companies with the expectation of possession and management of them on bending and we look forward to implementing Vimeo’s full potential while we reach new heights,” Luca Ferrari, General Manager and co-founder of the bending spoon, said in a statement. “