Automattic Acquires Prospress (Developer of WooCommerce Subscriptions)
May 23, 2019
Automattic has acquired Prospress, the team behind WooCommerce Subscriptions (and the AutomateWoo and Robot Ninja products), to jointly develop a unified recurring payments solution and continue product development within the WooCommerce division. Prospress’s distributed team will join Automattic’s WooCommerce group; no financial terms were disclosed.
- Buyers
- Automattic
- Targets
- Prospress
- Industry
- Software
- Location
- Queensland, Australia
- Transaction Type
- Buyout
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