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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