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May 25, 2021 · NEW YORK, May 25, 2021 /PRNewswire/ -- Vimeo, the world's leading all-in-one video software solution, will begin trading today on Nasdaq under the symbol "VMEO." As a result of the spin-off, IAC's interest in Vimeo is now held directly by IAC shareholders, and Vimeo is a separate, publicly-traded company.
Aug 9, 2021 · On December 22, 2020, IAC announced that the company’s Board of Directors has approved a plan to spin-off its entire stake in video software company, Vimeo. Through its cloud platform,...
Twenty-five years later, IAC continues to build companies inspired by this vision. IAC progeny include category-defining companies such as Vimeo, Angi Inc., Match Group, Expedia, TripAdvisor, HSN, LendingTree, Interval Leisure Group, and Live Nation (formerly Ticketmaster); together, these market leaders have created equity value of nearly $100 billion.
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IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. The company is incorporated under Delaware General Corporation Law and headquartered in New York City. Joey Levin, who previously led the company's search and applications segment, has served as chief executive officer since June 2015.
May 25, 2021 · NEW YORK, May 25, 2021 /PRNewswire/ -- Vimeo, the world's leading all-in-one video software solution, will begin trading today on Nasdaq under the symbol "VMEO." As a result of the spin-off,...
IAC acquired CollegeHumor and Vimeo in 2006, and after Google had acquired YouTube for over US$1.65 billion, IAC directed more effort into Vimeo to compete against YouTube, focusing on providing curated content and high-definition video to distinguish itself from other video sharing sites.
Dec 22, 2020 · IAC said it will spin off Vimeo, the video streaming service, into a standalone publicly traded company in 2021. Vimeo saw a surge in usage during the pandemic.
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