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They are forced to sell it by their contracts with ICANN - this is not a decision that they have done voluntarily. If they can legally shut down Domains they wo
by zinekeller 3y ago
They are forced to sell it by their contracts with ICANN - this is not a decision that they have done voluntarily. If they can legally shut down Domains they would have done it.
Sure, in any other contexts, selling Stadia customers to Microsoft or Nvidia (for example) would be a voluntary decision, however they are barred from just shutting down this one. They can even shut down Gmail or YouTube with no legal repercussions (sure their reputation will suffer but legally it's in the clear), but Domains is in a different legal standing.
- Alupis 3y agoThey sold it for a reported $180 Million[1] While chump change to the likes of Google, it demonstrates Squarespace views this business as highly profitable. Migrating an acquired business into your systems makes a lot of sense. Unless you have some evidence it would have been just simply shut down otherwise, I think you're inferring things that do not exist. Few if any of the other "shut down by google" operations could have sold for anywhere near this amount, as they almost universally lost money and/or were niche. [1] https://www.theregister.com/2023/06/18/google_domains_shutting_down/#:~:text=Deal%20involving%20millions%20of%20domain%20names%20reportedly%20hits%20%24180%20million&text=Google%20has%20sold%20off%20Google,be%20looked%20after%20by%20Squarespace https://www.theregister.com/2023/06/18/google_domains_shutti....
- zinekeller 3y agoAnd they're also shutt- I mean deprecated their enterprise version? (https://cloud.google.com/domains/docs/deprecations/feature-deprecations https://cloud.google.com/domains/docs/deprecations/feature-d...) That doesn't sound like "oh, we're selling this because it's valuable money" but more of "we don't have the energy to maintain this".