Bending Spoons Acquires Vimeo, Highlighting Italian Tech Growth Story
What happened
Bending Spoons, an Italian mobile application developer based in Milan, has acquired Vimeo, an American video hosting platform. The company has successfully grown its portfolio through acquisitions, including Evernote, WeTransfer, and Eventbrite. Bending Spoons reported that its annual revenue rose from $387 million in 2023 to $1.31 billion in 2025.
From euronews.com
Why it matters
The successful growth of Bending Spoons demonstrates a rapid scaling model achieved through strategic acquisitions and operational pivots. This growth story is notable as Europe seeks ways to retain tech talent and build successful global businesses.
From euronews.com
Who's involved
- Bending SpoonsItalian mobile application developer headquartered in Milan
- VimeoAmerican video hosting platform acquired by Bending Spoons
- MilanCity where Bending Spoons is headquartered and operates
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The entities involved
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Bending Spoons
Italian mobile application developer
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Vimeo
American video hosting platform
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Milan
Italian commune and capital city of Lombardy