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Squarespace buys Google Domains for $180 million - Domain Name Wire | Domain Name News
(domainnamewire.com)
this post was submitted on 15 Jun 2023
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Technology
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It happens all the time. Bigger companies often decide that one of their products is not profitable enough or doesn't fit their overall strategy and then the options are to either close the service (which is what Google is famous for), spin it off as a new business if it's profitable enough, or try to see if someone is willing to buy that business unit (which is what happened to most of IBM for example).