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December 19, 2011 06:24 pm GMT
Digital marketing company Vistaprint is acquiring Webs, a popular DIY website creation service, for $117.5 million in cash and stock ($100 million in cash and $17.5 million in stock).Webs, which has raised $23 million in funding from Novak Biddle Venture Partners and Columbia Capital, allows businesses to create simple websites, Facebook pages and mobile sites. Premium upgrades include personalized domain names, customer support, email addresses, and enhanced web and video storage.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ND89JcnFPCY/
Vistaprint Buys DIY Site Builder Webs.com For $117.5 Million
Digital marketing company Vistaprint is acquiring Webs, a popular DIY website creation service, for $117.5 million in cash and stock ($100 million in cash and $17.5 million in stock).Webs, which has raised $23 million in funding from Novak Biddle Venture Partners and Columbia Capital, allows businesses to create simple websites, Facebook pages and mobile sites. Premium upgrades include personalized domain names, customer support, email addresses, and enhanced web and video storage.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ND89JcnFPCY/
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