Hosted on MSN

Vimeo to be acquired by Bending Spoons for $1.38B

Video streaming site Vimeo (NASDAQ:VMEO) has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at about $1.38 billion. Under the terms of the ...
Hosted on MSN

Vimeo to slash global headcount by about 10%

Video streaming site Vimeo will reduce its global full-time headcount by about 10%, the company said on Wednesday. The reduction “is part of the company’s effort to ensure focus and efficiency”, Vimeo ...