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How Much Did WooCommerce Sell For?

Last updated on October 1, 2022 @ 2:49 pm

In May of 2015, WooThemes, the company behind WooCommerce, was acquired by
Automattic Inc. for an undisclosed sum. Automattic Inc. is the company behind
WordPress.com, Jetpack, and Gravatar. This acquisition brought WooCommerce full
circle as it was started as a fork of Jigoshop, which was acquired by WooThemes in
2011.

So how much did WooCommerce sell for? While the exact amount has not been
disclosed, it is known that Automattic paid over $30 million for the company. This
is based on the fact that the total value of Automattic’s stock went up by $31.3
million on the day of the announcement.

It is also worth noting that this is not
the first time that Automattic has acquired a company for an undisclosed sum.

PRO TIP: This article is about the sale of WooCommerce, which is a popular eCommerce plugin for WordPress. The sale price was not disclosed, but it is estimated to be around $30 million.

While this article is interesting, it should be noted that the sale price is not official and should not be taken as fact. In addition, it is important to remember that WooCommerce is just a plugin and does not include the WordPress software itself.

So what does this mean for WooCommerce? For starters, it will continue to be an
open source project with a GPL license. This means that anyone can use it for free
and make changes to the code if they wish. Furthermore, Automattic has stated that
they are committed to growing WooCommerce and making it even better. In other words,
if you are a fan of WooCommerce, then there is no need to worry – it is here to stay.

How Much Did WooCommerce Sell For?

While the exact amount has not been disclosed, it is known that Automattic paid over $30 million for the company. Based on the fact that the total value of Automattic’s stock went up by $31.3 million on the day of the announcement, we can infer that they paid just slightly above $30 million.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.