Automattic Unfazed by $200 Million Offer

Next Story

Facebook Hits 50 Million Mark

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 .


TIS74 N-Channel FET, GP Amplifier, NSC ( National Semiconductor ): 12pcs per lot picture
TIS74 N-Channel FET, GP Amplifier, NSC ( National Semiconductor ): 12pcs per lot
Mersen Ferraz Shawmut M301058 A100URD73TTl1250,Electrical Semiconductor,1000 V picture
Mersen Ferraz Shawmut M301058 A100URD73TTl1250,Electrical Semiconductor,1000 V
( 15 PC. ) HARRIS SEMICONDUCTOR 320L20 ( V320LA20A) MOVs, , NEW picture
( 15 PC. ) HARRIS SEMICONDUCTOR 320L20 ( V320LA20A) MOVs, , NEW
10Pcs Kbu606 Diotec Semiconductor Kbu606 Ic New C picture
10Pcs Kbu606 Diotec Semiconductor Kbu606 Ic New C
Freescale Semiconductor FREESCALE SEMICONDUCTOR MPX5010DP IC, PRESSURE SENSOR, 0 picture
Freescale Semiconductor FREESCALE SEMICONDUCTOR MPX5010DP IC, PRESSURE SENSOR, 0