Vimeo’s Public Market Journey Concludes Following Acquisition and Restructuring

Vimeo US92719V1008

The video platform Vimeo has completed its transition to private ownership, finalizing a process that began with its acquisition. Italian tech conglomerate Bending Spoons, known for its strategy of acquiring and restructuring digital assets, has implemented sweeping changes that effectively end Vimeo's era as an independent, growth-focused public company.

In line with Bending Spoons' established operational playbook, a significant restructuring has been undertaken to drive immediate profitability. Reports confirm that a large portion of Vimeo's remaining workforce has been laid off as part of post-merger integration. The cuts have impacted nearly all departments, including the core video engineering team that was fundamental to the platform's operations.

• Acquisition Value: The deal was finalized for $1.38 billion in cash.
• Current Status: The company now operates as a private subsidiary.
• Employment Impact: The majority of staff have been terminated, with the process set to complete by January 2026.
• New Direction: The focus has shifted to aggressive cost reduction and revenue maximization.

The departure of Vimeo's leadership team and a withdrawal from major sponsorship commitments signal a fundamental downsizing of the brand's market presence.

Delisting and Final Valuation

The acquisition, which closed in late 2025, resulted in Vimeo's removal from the Nasdaq exchange. Its valuation is now fixed at the transaction price of $1.38 billion. Former shareholders have been compensated, and public trading of the stock has ceased entirely.

This outcome transforms the platform into a streamlined technology asset within a larger portfolio, rather than a standalone growth service. For the investment community, the recent developments confirm the "asset-stripping" narrative that emerged when the deal was first announced. The final valuation stands notably below the peak levels achieved after Vimeo's initial spin-off from the IAC conglomerate.

Any remaining value of the former entity is now entirely contained within the private holdings of Bending Spoons. A return to public markets or further disclosure of financial performance is not anticipated.