By Todd Spangler Vimeo is acquiring Magisto, a video-creation service, aiming to bulk up its video tool set and expand its customer base. Magisto, founded in 2009, claims to have over 100 million users. The company had raised $22.5 million from investors including Qualcomm Ventures, SanDisk Ventures, and Horizons Ventures, according to Crunchbase. …read more