Google is selling its Google Domains business to Squarespace, transferring approximately 10 million domains to the website builder. Squarespace is acquiring the business assets for approximately $180M. As part of the purchase, around 10 million customer domain names will be transferred to Squarespace. - The deal is expected to close in Q3 2023, though the actual transfer will occur in 2024 or later.
- Squarespace also plans to leverage Google's infrastructure for a smooth transfer of domains.
- While Squarespace will provide billing and support for current Google Workspace customers, they may eventually be required to migrate to Squarespace's billing system.
- Existing customers will have their renewal prices maintained for the next year, and Squarespace will offer incentives for website building.
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