{"id":960734,"date":"2025-09-11T10:50:00","date_gmt":"2025-09-11T05:20:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=960734"},"modified":"2025-09-11T10:58:22","modified_gmt":"2025-09-11T05:28:22","slug":"bending-spoons-to-take-video-platform-vimeo-private-in-1-38-billion-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/11\/bending-spoons-to-take-video-platform-vimeo-private-in-1-38-billion-deal\/","title":{"rendered":"Bending Spoons to take video platform Vimeo private in $1.38 billion deal"},"content":{"rendered":"<p>Technology conglomerate Bending Spoons will buy Vimeo for about $1.38 billion in cash and take it private, the companies said on Wednesday, sending the online video platform&#8217;s shares soaring more than 60% in morning trading. <\/p>\n<p>Vimeo shareholders will get $7.85 in cash for each share they own &#8211; a 63% premium to the stock&#8217;s last close. <\/p>\n<p>The companies said the deal is expected to conclude in the fourth quarter this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technology conglomerate Bending Spoons will buy Vimeo for about $1.38 billion in cash and take it private, the companies said on Wednesday, sending the online video platform&#8217;s shares soaring more than 60% in morning trading. Vimeo shareholders will get $7.85 in cash for each share they own &#8211; a 63% premium to the stock&#8217;s last close. The companies said the deal is expected to conclude in the fourth quarter this year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,4,10],"tags":[],"class_list":["post-960734","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=960734"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/960734\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=960734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=960734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=960734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}