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| VIEW EVENT INFORMATION: Wordpress |
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Automattic Spurns $200 Million Acquisition Offer |
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About the organization Wordpress:
Type: Business
Sub-Types: Website, Computer, Computer Software, Blogging, Blog Hosting Agent, Text Hosting Agent, Application Software, Telecommunication, Telecommunication Software |
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Notable Organizations: Techcrunch, Wordpress
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| Automattic, the company that created the WordPress.com blogging platform and oversees the WordPress.org open source project, has rejected a $200 million acquisition offer, say multiple sources. Half the price was to be paid in cash, half in stock in the buyer.
The company, which has raised just $1.1 million in capital, has been on a tear lately. They acquired avatar startup Gravatar earlier… |
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