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Square to buy website-building company Weebly for $365M

Safi Bello

CNET ------ Square said Thursday it has agreed to acquire website-building company Weebly for $365 million. The cash-and-stock deal will allow small business customers to use both Weebly and Square to easily build professional websites and online stores, the companies said in a statement. The deal is expected to help Square accelerate its international expansion, as nearly 40 percent of its 625,000 paid subscribers are outside the US. To learn more click on the picture below to read the article.

Square to buy website-building company Weebly for $365M - Read More from CNET

 
 
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