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WP Engine Acquires StudioPress to Strengthen WordPress Platform.

MANews-(C)2009-2018

28 June 2018 - Texas, US-based WordPress digital experience platform WP Engine has acquired US-based StudioPress, creators of the popular WordPress framework Genesis Framework to strengthen and extend WP Engine's WordPress digital experience platform, the company said.

Terms of the transaction were not disclosed.

Previously owned by Rainmaker Digital LLC, the acquisition of the StudioPress product line strengthens WP Engine's WordPress Digital Experience Platform, allowing faster time-to-market with greater ease and agility.

WP Engine's acquisition of StudioPress further underscores its commitment and investment in the WordPress open source community.

The company's combination of tech innovation and an award-winning team of WordPress experts are trusted by over 80,000 companies across 135 countries to provide counsel and support, helping brands create world-class digital experiences. Founded in 2010, WP Engine has offices in the US, England, Ireland and Australia.

Country: USA

Sector: Computer Software

Target: StudioPress

Buyer: WP Engine

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Jun 28, 2018
Words:170
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