Vimeo Acquires VHX for Undisclosed Sum

  • Feed Type
  • Date
    5/2/2016
  • Company Name
    VHX
  • Mailing Address
    902 Broadway 4th Floor New York, NY 10010 USA
  • Company Description
    VHX lets independent video-makers sell their work online, from their own websites, direct-to-fans and restriction-free. Our mission is to provide the tools for the creative class to break out of the traditional TV and film systems.
  • Website
    http://www.vhx.tv
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Deal terms were not revealed, but Vimeo will bring on the entire 22-person VHX team, including co-founders and a large number of biz dev employees, as a part of the acquisition.