How much you ask? Automattic, the company behind popular blogging platform WordPress is said to be valued right now between $150 million to $300 million and I’m sure they would be looking to sell the company as high as possible. There are several companies interested in acquiring Automattic and one of the potential buyers is Velocity Investment Group, a fully integrated real estate investment and mortgage lending company.
If this rumor is true and Automattic would be acquired by Velocity Investment Group or one of the companies involved, one question comes to my mind – what will happen to WordPress? While Automattic products and services exist and evolve around WordPress and they own the trademark the thing is they don’t own the software. It’s under the GNU General Public License meaning its open source and community owned. Since this is only a rumor, all we can do is wait and see what will happen in the coming days or weeks.
What do you think of this rumored acquisition? What effects will it have on WordPress, its development and its community? Will the acquisition of Automattic change anything? Please share your thoughts by leaving a comment below.