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Software conglomerate Bending Spoons files for IPO Investments News 

Software conglomerate Bending Spoons files for IPO

Italian app publisher Bending Spoons has filed its Form F-1 with the SEC to go public with a $20 billion valuation on the NASDAQ exchange, according to Reuters. The company has busily acquaired more than 50 companies, including these in the imaging space: Vimeo, FiLMiC, and Remini. According to the report, the $20 billion valuation target is a massive step up... Read More
Vimeo to acquire Magisto to power video creation for any business News Press releases 

Vimeo to acquire Magisto to power video creation for any business

NEW YORK, April 15, 2019 /PRNewswire/ — Vimeo announced today an agreement to acquire Magisto, a video creation service with over 100 million users. Terms of the deal were not disclosed. Magisto enables simple and intuitive short-form video creation for any medium. The combination of Magisto’s professional video creation capabilities with Vimeo’s suite of video hosting, distribution and monetization tools will extend Vimeo’s position... Read More