There is an Italian technology giant that is enriched buying the corpses of Silicon Valley at the price of bargain and then relive them

Vimeo He has just announced Its acquisition by the Italian conglomerate Bending Spoons, which will pay $ 1,380 million for it. A priori the operation seems totally normal, but it is not at all: it is the last of the acquisitions of a company that has become a unique “technological vulture”. One that, yes, seems to be managing to reimprorate the businesses you acquire. The numbers. Vimeo investors will receive $ 7.85 per share, which represents a price of 91% higher than the average value of the share in the last 60 days. The purchase process will be completed in the fourth quarter of 2025 and the payment of these amounts will be made completely in cash. They already tried. As they point out in Bloomberg, Bending Spoon has been raising an acquisition of Vimeo since March 2024. The Italian conglomerate, which he received A financing round That raised its valuation to 2.6 billion dollars, since then sought new acquisitions, and Vimeo was a clear objective. Evolution of the value of Vimeo’s actions in Nasdaq. Source: Google Finance YouTube was too youtube. Vimeo created in 2004, tried to stand out as a Premium video platform, but after several innovation and focus change milestones became a B2B service company for video. During pandemia He added 30 million new membersand that ended up in 2021 to go over. Profitability problems caused personnel cuts, and stock assessment ended up falling drastically. Vimeo has been living a difficult situation for the last years and without getting up. And that is just what blessing spoons has taken advantage of … because it is what it usually does. The Evernote case. What happened with Vimeo happened before with Evernote. The one that in the early last decade It was the notes and productivity app par excellence He ended up falling little by little for oblivion and losing ground in front of competitors such as Notion, Onenote or Obsidian. In November 2022 Evernote It was acquired by Bending Spoons And then what happened happened. After the purchase, layoffs and price uploads of the service. After the acquisition, Bending Spoons He fired most of the original team and transferred the headquarters to Europe. Then a strong price increase was implemented, and the personal plan rose 63% prices while the free version imposed more restrictive limits to use the platform. Source: Bloomberg But also, business resurrection and service. Although many left the platform, Evernote returned to profitability and revenues became 162 million dollars in 2022 to 700 million dollars in 2023. The rhythm of improvements and updates also He has revivedand the company seems to have lived a unique rebirth. Wetransfer, another exampleSimilar some also occurred with Wetransfer, which after being founded in 2009 was positioned as a simple transfer leader of large files. After a failed attempt to go over in 2022, Bending Spoons acquired Wetransfer In July 2024 and applied the same formula as with Evernote: dismissed 75% of the template to try to be more efficient. A few months ago the service suffered a great controversy for using user data To train their AI modelsalthough it ended Reculting. The service was relatively healthy before acquisition, and it seems that the operation is also being successful for the platform and, of course, for Bending Spoans. Diversifying successfully. In Bending Spoons they already applied that same strategy with previous acquisitions such as Filmic – of which He fired his entire template– Or Meetup —which too transferred its headquarters to Europe-. One of its most remarkable success is that of Reminia photo editing platform with AI that the Italian conglomerate acquired in 2021 and that it has managed to become a reference in this market, even surpassing in the most unloaded Apps lists from China to Douyin, its rival of Tiktok. In Xataka | An Italian winery installed solar panels on its vineyards and discovered something unexpected: they improve the quality of wine

Internet has become such a confusing place that there are many people longing for web 1.0. And in Neocities you can relive it

Nostalgia is An emotional mystery that we do not know how to explain at all. We miss what we live in the past, we dyed it from Rosa and compare it to the present, even knowing that perhaps they were worse times. Because … wasn’t that internet of the beginning of the century, with demential designs, recharged and very, very unusable? Or was it that what we missed was precisely that indomesticated savagery of that time? Web 1.0 we gave ourselves. Web 1.0 is considered The first time on the Internet as we know today. It covers approximately From 1991 to 2004 And it has characteristics that the oldest of the place will recognize without problem. Among other things, communication was done unidirectionally (only information could be consumed, not significantly interacting with the pages), almost everything was simple text and images, the design relied on tables, Frames and basic html, and of course, no social networks or global collaboration. Internet was basically a container of things. Characteristic aesthetic. And first of all, it had a difficult aesthetic to cover in its entirety, but that those who lived it identify with a very specific place and moment. To that internet of hypertext (that now it seems that we die) and of the seekers organized by categories pay tribute Neocitiesa service of Hosting who wants to relive the philosophy of free geocities accommodations. He was born in 2013 and already has more than one million websites housed, most with a maximum size of 1 GB, the top that allows the free service option. HTML on fire. Neocities balances the modern and the very delayed quite grace. For example, it facilitates an HTML editor, but integrated into the browser. They can also be used to build CSS and Javascript pages, and in free mode the only files that can be uploaded are of these three languages, in addition to Markdown, XML, text and images. For anyone to make an MP3 repository that, on the other hand, would also be very of the time. In any case, the results can be enjoyed in the Webs gallery Organized by Tags reminiscent of remote time webrings. What times. And all this shoots A Pávlov type reaction That, in this case, it sounds like the meows of a modem of 56 kPbs and the need to disconnect the fixed to navigate. But above all, let’s ask ourselves What do we miss this first Internet incarnation. Possibly the novelty is the element that we remember most then: Everything was a discovery. But from the hand of that discovery is the feeling that the Internet was yet to be tame: the wild, unbalanced contents, without any sense of measure. Because they strictly obeyed the concerns and desires of the creators of the websites, not to algorithms that determined what people wanted to see. The effort is what is valued. In this nostalgia, and some of that is evident in Neocities, there is also a praise of the “effort” of any technology that takes its first steps. The experimental designs by accident, the slow connections, the rodeos to contact someone (mail addresses buried on the websites, visits books, forums, the first chat systems …): almost that the Internet had to be built as it was visiting. Neocities is a wink and tribute to those times although, being honest, with somewhat simpler websites. After all, during all these years something we have learned. In Xataka | The nostalgia industry follows a full candle wind, and an old acquaintance is benefiting: Fujifilm

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