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Google Domains Takeover Squarespace – We are pleased to announce that Squarespace has entered into a definitive asset purchase agreement with Google, under which Squarespace will acquire the assets associated with the Google Domains business, which expires after the transition period. will go. The purchase includes approximately 10 million domains on Google Domains spanning millions of users.
“We are incredibly proud to be chosen to serve Google Domains business customers,” said Anthony Casalena, founder and CEO of Squarespace. “Domains are an important part of web infrastructure and every business’s online presence.” are an integral part. We look forward to serving these new customers as we have served millions of people using our domain products and are committed to ensuring a smooth transition.”
Google Domains Takeover Squarespace
“In keeping with our efforts to accelerate our focus, we have entered into a definitive agreement with Squarespace to acquire the customer accounts of the Google Domains registrar business,” said Matt Madrigal, vice president and general manager, Google Merchant Shopping. said “Supporting a smooth transition for customers in the coming months with the help of the Google Domains team is our top priority. Squarespace can provide a unified experience for purchasing and managing domains with other tools offered. is what these customers may need to enhance their online presence.
Google Domains Shutting Down, Assets Sold To Squarespace
Under the terms of the agreement, Squarespace will honor renewal prices for all existing Google Domains customers for at least 12 months after the transaction closes, as well as Google Domains customers building and adopting websites with Squarespace. will provide additional incentives for Presentation of Squarespace. Additionally, Squarespace will leverage Google’s infrastructure during the transition period to power the Google Domains product to ensure a seamless transfer of domains.
Upon closing, Squarespace, a long-time reseller of Google Workspace, will become the exclusive domain provider for any customer who purchases a domain directly from Google with their Workspace subscription for at least three years. Squarespace will also provide billing and support services to Google Workspace users who sign up for the service through Google Domains. Customers will continue to have the option to make changes to their Domains account at any time.
The transaction is expected to close in the third quarter of 2023, and is subject to certain regulatory approvals and customary closing conditions. While most of the benefits of the deal will accrue in 2024 and beyond, Squarespace believes the deal will make sense for its business over time from both a revenue and free cash flow perspective. The takeover Google Domains business is “winding down after a transition period,” with Squarespace, a design-driven platform that helps entrepreneurs build brands and businesses online, handling the business and assets.
SAN FRANCISCO, June 16 : The Google Domains business is “ending after a transition period,” along with Squarespace, a design-driven platform that helps entrepreneurs build online brands and businesses, businesses and assets. handles
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Squarespace announced on Thursday that it has “entered into a definitive asset purchase agreement with Google, under which Squarespace will acquire the assets associated with the Google Domains business”. Google releases AI-powered ‘Help Me Write’ tool to Gmail users enrolled in Workspace Labs program for Android, iOS
The purchase includes “approximately 10 million domains spread across millions of users on Google Domains”. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close in the third quarter of 2023.
While most of the benefits of this transaction will be realized in 2024 and beyond, Squarespace believes it will be significantly better for its business in terms of revenue and free cash flow over time. Chinese President Xi Jinping met with Bill Gates in Beijing, calling him an ‘American friend’.
“In keeping with our efforts to accelerate our focus, we have entered into a definitive agreement with Squarespace to acquire the customer accounts of Google Domains’ registrar businesses,” said Matt Madrigal, vice president and general manager, Merchant Shopping of Google said. a statement.
How The Squarespace Purchase Of Google Domains Will Affect Your Website
Additionally, Google stated on its support page that domain name registration and DNS delegation users will not be affected by the move to Squarespace. Once they become a Squarespace customer, they will be able to manage additional services (as available) through their management console.
(The above story was first published on 16 June 2023 at 06:35 PM IST. Log on to our website for more news and updates on Politics, World, Sports, Entertainment and Lifestyle).
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Google Domains Shuts Down, Assets Sold To Squarespace
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Corona Virus Live Map India Google Trend Cryptocurrency Narendra Modi India Asian Games 2023 Virat Kohli ICC World Cup 2023 Corona Virus OmicronRahul GandhiLionel Messi Aadhaar CardRohit Sharma After an unexpected announcement today, the business of Google Domains dropped sharply. After the “Commercial Shortage”.
Squarespace To Acquire Google Domains
Squarespace announced today that it has “entered into a definitive asset purchase agreement with Google, under which Squarespace will acquire the assets associated with the Google Domains business.” It includes “about 10 million domains spread across millions of users on Google Domains.”
Google cited “efforts to accelerate our focus” in selling the Google Domains registrar business, which began in 2014 as a major supporter of HTTPS and top-level domains (TLDs). The service exits beta in 2022.
This makes sense in the context of trying to be more efficient with Google’s resources and is at least better than shutting down the service without a guided migration path.
“Supporting a smooth transition for customers in the coming months with the help of the Google Domains team is our top priority. Squarespace can provide a unified experience for purchasing and managing domains with other tools offered. is what these customers may need to grow their online presence.” Matt Madrigal, vice president and general manager, merchant shopping at Google
Google Domains Are Closing!
I’m really disappointed about that haha. From 2022 to 2023 (as of last June 14), I completed several domain transfers to Google Domains. Then, today I got this announcement. What worries me is the potential difference in both the quality of the experience and the price….
As a domain name registrar, Google’s service offers features such as no-cost WHOIS privacy and one-click DNSSEC (to protect against DNS spoofing and cache poisoning attacks), leveraging the company’s fast and reliable cloud infrastructure. why Google Domains also offered a fairly simple UI, and it remains to be seen if Squarespace ultimately matches the experience.
Squarespace says it will “honor the renewal prices of all existing customers of Google Domains for at least 12 months after the closing of the transaction,” which is expected in Q3 2023. such as:
There is no immediate impact on your Google Domains account and you do not need to do anything at this time. Once regulatory approval is received and the transaction closes, you will become a Squarespace customer, and your domain will be owned and, after the transfer period, managed by Squarespace.
How Squarespace Takeover Of Google Domains Will Affect Your Website In The New Year!
More notable today is how Squarespace will “become the exclusive domain provider for any customer who purchases a domain directly from Google with their Workspace subscription for at least three years.”
Squarespace will also provide billing and support services to Google Workspace users who sign up for the service through Google Domains. Customers will continue to have the option to make changes to their Domains account at any time.
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Google is getting out of the domain name registration business. In a press release published Thursday, Google and Squarespace announced that website maker Google Domains will be acquired for $180 million.
Transferring A Domain To Squarespace
As part of the agreement, Squarespace will become the new domain name registrar for more than 10.1 million domains already registered with Google Domains by Google customers.
The acquisition will make Squarespace one of the largest domain name registrars in the world, behind only GoDaddy, Namecheap and Tucows in total number of domain names registered.
“Domains are a critical part of web infrastructure and an integral part of every business’ online presence,” Squarespace founder and CEO Anthony Casalina said in a statement. We look forward to these new services.
