On Tuesday, Automattic (owner of WordPress.com) announced that it
is acquiring the team and company behind the popular WooCommerce
WordPress plugin.
According to a blog
post by CEO and cofounder Matt Mullenweg :
The entire 55-person Woo team will join Automattic. This will bring Automattic's
total headcount to 370 people, distributed across 43 countries.
Mullenweg also made a point to say that WooCommerce is an extremely
profitable company. The core WooCommerce plugin is free but the company
makes money selling plugin extensions, storefront themes and support.
Sources close to the company said that WooCommerce's revenues are in the
eight figures.
Mullenweg will also be hosting a Q&A on his blog regarding the acquisition, so users and developers can ask questions about what this means for them.
WooCommerce :
WooCommerce was Launched in 2011 by WooThemes. It is a popular e-commerce platform built on WordPress with over $1 million in monthly recurring revenue. This allows site
owners to turn their self-hosted WordPress website into a bonafide online
store.
WooCommerce is huge when it comes to the online
store space, powering at least 650,000 online store.
Source : Mashable.com
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