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December 22, 2020 05:15 pm GMT

IAC plans to spin off Vimeo as an independent company

IAC announced today that it plans to turn Vimeo into an independent, publicly traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had “begun contemplating spinning Vimeo off to our shareholders.” It sounds like the company has moved beyond the contemplation phase, with plans […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ulf2aCaoS5Q/

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