IAC announced plans to spin off its full stake in Vimeo, the video hosting and software company, to IAC shareholders. In November, IAC announced that Vimeo had a $2.75 billion valuation after raising ...
IAC/Intreactive's Vimeo unit today announced the acquisition of Echograph, an iPhone and iPad app that provides a tool for creating videos that look like animated GIFs. Vimeo said that the app, which ...
Yesterday, IAC (NASDAQ:IAC) shares popped after the company announced the board had approves spinning off the Vimeo unit. With shares up more than 50% since early last month, BMO downgrades IAC from ...