[TechUkraine news] Vimeo begins trading on Nasdaq. Global company has R&D office in Zaporizhzhya

Vimeo, the world’s leading all-in-one video software solution will begin trading on Nasdaq under the symbol “VMEO.” The company has an R&D office in Zaporizhzhya where works 34 tech specialists.

Vimeo is the 11th public company to emerge from IAC in a continuation of a model that has created $100 billion of shareholder value over the course of 25 years, dating back to when Barry Diller took the helm of Silver King Communications—an early predecessor to IAC—with a $250 million market capitalization in 1995.

Serving the growing community of over 200 million users, Vimeo enables any professional, team, and organization to unlock the power of video to create, collaborate and communicate — from creatives to entrepreneurs to the world’s largest companies.

Read more about the Ukrainian office via Developers.Org.Ua