About
Vimeo, a subsidiary of IAC (InterActive Corp) is a professional video platform and community. With over 150 million members across more than 150 countries, Vimeo is aiming help anyone grow their business by making it easy to create and market high-quality, impactful videos. In 2019, Vimeo acquired the Israeli startup, Magisto. Following the acquisition, Vimeo and Magisto will work together to develop entirely new short-form video creation capabilities for the Vimeo platform, with the goal of helping any individual or business tell their stories with professionalism and ease. Magisto users will also be able to seamlessly access Vimeo's full suite of workflow tools, so they can deploy their videos across platforms with a click of a button and measure performance all in one place.
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Vimeo acquired by IAC (InterActiveCorp)?
- Vimeo was acquired by IAC (InterActiveCorp) in August 2006.
- When did Vimeo acquire the Israeli startup Magisto?
- Vimeo acquired the Israeli startup Magisto in April 2019 for $200 million.
- What was the purpose of Vimeo's acquisition of Magisto?
- Following the acquisition in 2019, Vimeo and Magisto planned to develop new short-form video creation capabilities for the Vimeo platform, allowing Magisto users to access Vimeo's workflow tools.
- When did Vimeo launch a short-form social video editing platform powered by Magisto?
- Vimeo launched a short-form social video editing platform powered by Magisto in January 2020.
- When did Vimeo go public?
- Vimeo had its IPO in May 2021, listing on NASDAQ under the ticker VMEO.
- Which companies did Vimeo acquire in November 2021 to expand its enterprise video software solution?
- In November 2021, Vimeo acquired WIREWAX and Wibbitz to expand its video software solution for the enterprise.
- When did Vimeo announce global layoffs, including its Israeli R&D center?
- Vimeo announced global layoffs, including its Israeli R&D center, in July 2022, slashing its workforce by 6%.
- When did Vimeo announce further global layoffs affecting Israel?
- Vimeo announced further global layoffs that would include Israel in January 2023.
- What was the status of Vimeo's Tel Aviv development center in January 2026?
- In January 2026, Vimeo's Tel Aviv development center, built through over $200 million in acquisitions, was being dismantled.