Automattic Unfazed by $200 Million Offer

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The company behind WordPress.com & care-taker of open-source project WordPress.org, Automattic has rejected a lucrative $200 million acquisition offer. According to latest news reports Automattic was offered a buy-out deal of $200 million acquisition of which half was in cash and half in buyer-stock.

$200 million for sure is attractive but it looks like Automattic didn’t bat an eyelid. Earlier this month Automattic had itself acquired a startup company called Gravatar. Apparently, like everybody else I am trying to find out what made Automattic reject the offer? Is that they are looking for some equity stake by a larger company or is that they are looking to go public themselves?.

Whatever is the scenario, Automattic’s WordPress.com seems to be doing quite well. Last month, WordPress.com had about 63 million worldwide visitors which has gone beyond May’s 38 million visitors.

Automattic first got started around August of 2005, and has since then grown in strength. Automattic is strong Open-Source believer and its major work is done under licenses like the GPL. To know more about Automattic, do check out its projects .


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QTY 15 FAIRCHILD MB8167-70 16K-BIT NMOS STATIC RAM MEMORY NOS
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LOT OF10 INOVA S128K8-70CC 70nS 1M (128K WORD X 8-BIT) STATIC RAM
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LOT OF 12 FUJITSU MB81C84A-35 CMOS 256K-BIT 35nS HIGH-SPEED STATIC RAM
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Used Advantech PCA-6186VE REV.A1 (with CPU,FAN, Ram)
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2 PCS IS61C6416AL-12TI TSOP-44 64K x 16 HIGH-SPEED CMOS STATIC RAM