Vimeo's Parent Company Aims for $1.62 Billion IPO Funding

WHO:

Bloomberg Markets - Bending Spoons SpA, an Italian technology company that acquires struggling software businesses.

Techmeme - Bending Spoons is the owner of Vimeo.

WHAT:

Bloomberg Markets - Bending Spoons and its backers are seeking to raise as much as $1.62 billion in an initial public offering (IPO).

Techmeme - Bending Spoons aims to sell 58 million shares at a price range of $26 to $28 each, targeting a valuation of $19 billion at the top of the range.

WHERE:

Techmeme - The IPO is planned to take place in the United States.

WHEN:

Techmeme - The IPO is anticipated to occur in the future, although no specific date is provided.

WHY:

Bloomberg Markets - The motivation behind the IPO is to raise funds for Bending Spoons' operations and acquisitions.

HOW:

Techmeme - The company plans to raise funds through the sale of shares in the IPO.

(UPDATED June 22, 2026 23:26 UTC)

Bending Spoons, an Italian technology company known for acquiring struggling software businesses and the owner of Vimeo, is planning to raise up to $1.62 billion in an initial public offering in the United States. The company aims to sell 58 million shares at a price range of $26 to $28 each, targeting a valuation of $19 billion at the top of that range. The IPO is expected to take place in the future, with the funds raised intended to support Bending Spoons' operations and acquisitions.