Vimeo is being purchased by a European software company, spoon bending, which has collected the growing portfolio of businesses, including Evernote, Weightfare and Meetup. Bending spoon $ 1.38 billion will be paid To get video hosting platforms, and it expects to close the deal later this year.
Vimeo launched in 2004 as a spinoff of the college homo and fought to live with your biggest rival: YouTube. In recent years, Vimeo is Hiked video hosting fees And moved to Catering for enterprise businesses Also, creators who want to mudge their content. Philip Moyer joined Vimeo as CEO with the company’s launch last year. Dip in AI toolJust last week, moar Announced This platform is about 10 percent of the company’s workforce.
“In the bending spoon, we acquire companies with the hope of indefinitely and re -operating them,” the press release said, and we are ready to feel the full potential of Vimeo.