Evernote and WeTransfer owner Bending Spoons is set to buy Vimeo for $1.38 billion
Vimeo is set to get a new owner. Bending Spoons — the parent of Evernote, WeTransfer, Meetup and fellow video streaming platform Brightcove — plans to take the company into private ownership in an all-cash, $1.38 billion deal. Stockholders will receive $7.85 per share, quite a bit more than the $4.82 Vimeo closed at on Tuesday (the price jumped significantly after the announcement, of course). Vimeo's directors unanimously approved the takeover. The acquisition is expected to close by the end o