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Breaking: Squarespace buys Google Domains for $180 million

Helmuts

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holly... :eek:

Website building platform Squarespace (NYSE: SQSP) announced that it’s buying Google Domains, Google’s domain name registrar. The purchase price is $180 million, and JPMorgan Chase Bank is providing financing for part of the purchase.

more: https://domainnamewire.com/2023/06/15/squarespace-buys-google-domains-for-180-million/

giphy.webp
 
Seems unusual for Google to be selling a division doesn't it ? Usually they just black hole an industry and buy everything up don't they ?
 
Seems unusual for Google to be selling a division doesn't it ? Usually they just black hole an industry and buy everything up don't they ?

exactly.. very strange move.. doesn't look good for the PR of Google.

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:D :D I wish I could buy Google Domains :D :D .. out of my league for 500 years :D :D ... @Ryan Ewen, @Whois-Search, @BG, you guys? ;)
 
I suspect they have the seen the future now with their AI - and there is no place in it for domains. As you said they don't do anything without a (good) reason. We should enjoy the remaining few years ;)
 
I suspect they have the seen the future now with their AI - and there is no place in it for domains. As you said they don't do anything without a (good) reason. We should enjoy the remaining few years ;)

How do you navigate the new AI world without some form of addressing system ? Genuine question.
 
Neuralink :)
Or.. you don't. There is only one 'site' that has everything you want.
I don't think people truly understand how global society is going to radically change in the next decade.
This goes some way to explaining various scenarios.
Google clearly have no need for a domain industry in any of them.
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But these would be domains under management rather than domains owned I presume?

Yes, Google Domains is a Registrar. Squarespace will look to recoup its outlay through renewals and upselling its other services.
 
Neuralink :)
Or.. you don't. There is only one 'site' that has everything you want.
I don't think people truly understand how global society is going to radically change in the next decade.
This goes some way to explaining various scenarios.
Google clearly have no need for a domain industry in any of them.
To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Everyone should watch this. Really interesting.
 

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