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Automattic has purchased a majority stake in Pressable

poststatus.com | Mar. 11, 2016 | 5 min read

Good luck on your new adventures Vid. Now.. well isn't this interesting...

32 votes   Flag
Yanik Silver

This is a huge development indeed. I think this acquisition will recover the lost trust among the customers and they definitely grow in the future.

Vladimir Prelovac

Pressable might not be big enough for Automattic but if they plan to restructure it in a way to offer say a hosted ecommerce solution?

Georg Griesser

Revenues of under $2 million per year - I somehow always expected that even the smaller "Managed Hosting Companies" like pressable would be much bigger than that.

a little OT but related:

@Vladimir: any updates on radiant.hosting?

Vladimir Prelovac

We decided to change our approach. Follow Orion updates at ManageWP Blog, I expect an announcement in about three months.

Gina Davies

I am amazed by progress of technology, it's huge! I think this might be a great solution for e-commerce. We will see!