Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO

July 1 (Reuters) - Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above ‌the range to raise $1.68 billion.

The listing will test investor appetite for software companies after ‌the industry was hammered earlier this year over fears that AI could disrupt established business models.

Software companies have been ​largely absent from the U.S. IPO market so far in 2026, even as a steady flow of large deals and SpaceX's blockbuster listing pushed second-quarter proceeds past a record-breaking $100 billion.

"It'll definitely be a data point for the software industry, but that may simply be due to the scarcity ‌of deals here. Bending Spoons ⁠has a very different profile compared to most software IPOs in the pipeline," said Matt Kennedy, senior strategist at Renaissance Capital, a provider of ⁠IPO-focused research and ETFs.

Bending Spoons' playbook, a hybrid between private equity and a tech company, focuses on buying and revamping digital businesses by cutting staff and overhauling technology.

Its acquisitions since 2025 include streaming ​platform Brightcove, ​video platform Vimeo, internet b

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/vimeo-owner-bending-spoons-heads-101229041.html)