:

BENDING SPOONS RAISES $1.68B IN US IPO

AI DESK1 MIN READ
WED, JUL 1, 2026

■ AI-SUMMARIZED FROM 5 SOURCES ▸ TIMELINE

Bending Spoons, the Italian software acquirer that owns Vimeo, raised $1.68 billion in a US initial public offering, pricing 58 million shares at $29 each and valuing the company at approximately $18.4 billion.

The offering, which included shares sold by backers alongside new capital raised by the company, priced above its marketed range. The IPO marks one of the largest US listings by a European company in 2026. Bending Spoons has built its business model around acquiring struggling software companies and turning them around. The acquisition of Vimeo, a video hosting and creation platform, represented a major addition to its portfolio. The pricing at $29 per share exceeded initial expectations, reflecting investor confidence in the company's strategy and Vimeo's market position. The $1.68 billion raised will support further acquisitions and operational expansion. The IPO comes amid renewed activity in software M&A and a recovery in public markets for technology companies.

■ SOURCES

Bloomberg TechTechmemeBloomberg TechBloomberg TechBloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BUSINESS DESK

Treasury Secretary Scott Bessent's bond buyback strategy is reshaping market positioning ahead of Nvidia's earnings, while bond investors question Fed Chair Kevin Warsh's rate trajectory.

JUST NOWIndustry Desk

AI datacentres are sparking widespread opposition across communities, with residents citing noise pollution, environmental damage, and profits funnelling to US tech firms. East London residents are currently fighting government-backed plans for a 5,200-square-metre facility on Brick Lane.

JUST NOWIndustry Desk

Ajit Manocha, CEO of the Semiconductor Industry Association, addressed the outlook for memory chip pricing and the semiconductor market's extended growth cycle at SEMICON Taiwan.

JUST NOWIndustry Desk

BT's aging copper infrastructure could fetch over $2 billion if repurposed as scrap metal. The telecoms giant's legacy landline network is finding a second life as demand for recycled copper surges.

1H AGOIndustry Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.