WordPress buys WooCommerce company

WordPress buys WooCommerce company

Automattic, the parent company of WordPress.com announced, through their CEO Matt Mullenweg that WordPress will acquire the software WooCommerce, a very popular WordPress plugin that transforms your WordPress website into an online store.

Word is that Automattic will provide the woocommerce plugin as a premium service for it’s users. Last year, Automattic made $160 million.
WooCommerce powers more than 600.000 website nowadays and Matt Mullenweg said that the acquisition seems to be profitable.
There’s no exact price released to the press, but sources say that woocommerce was sold for more than $30.000.000
More details here.

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