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news Alphabet is selling Google Domains assets to Squarespace

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Alphabet Inc., mother company to Google, has announced that it is shutting down its Google Domains business and selling its assets to Squarespace Inc.

According to an anonymous source familiar with the matter, Squarespace is acquiring the business assets for approximately $180 million, although the financial details of the transaction have not been made public.
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Google has ten million domains; almost half are .com.

Google Domains sold for $180 million.
 
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Wow big news indeed. Google just released new TLDs in May and now sold their domain business in June. :unsure:
 
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Oh my, that is crazy. Substantial investment from Squarespace, drop in the bucket for Google.
 
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