The Italian mobile application developer Bending Spoons S.p.A. today announced its intent to acquire the YouTube rival Vimeo.com Inc. in an all-cash deal worth around $1.38 billion. Bending Spoons said it expects the transaction to close by the fourth quarter of this year, subject to it receiving regulatory approvals. At that time, the publicly traded Vimeo […]
The post Bending Spoons snaps up struggling YouTube rival Vimeo in $1.38B deal appeared first on SiliconANGLE.
