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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.

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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?

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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?

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Vladimir Prelovac

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

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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!

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