Echo Wang and Elvira Pollina Tue, June 30, 2026 at 7:36 PM CDT 2 min read By Echo Wang and Elvira Pollina June 30 – Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a rare software IPO as the sector grapples with disruption from AI. The Italian software company and its existing shareholders sold about 58 million shares in one of the largest IPOs by a European company this year. The shares were marketed between $26 and $28 apiece. The company was valued at $11 billion in its last funding round in 2025. The deal comes as the U.S. market for initial public offerings has regained momentum after a prolonged slowdown. SpaceX.O blockbuster debut earlier this month, the largest IPO on record, followed Cerebras Systems listing earlier this year, reflecting a pickup in activity among high-profile technology offerings. Bending Spoons, whose name was inspired by a scene in the science-fiction film The Matrix, has emerged as one of Europe’s most prominent technology companies, pursuing a strategy of acquiring underperforming software businesses and overhauling them.
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Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion
Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion