All-in-one website and ecommerce platform, Squarespace has entered into an agreement with Google to acquire the assets associated with the Google Domains business, which will be winding down following a transition period. This purchase includes approximately 10 million domains hosted on Google Domains.

Squarespace founder and CEO, Anthony Casalena said, “We are exceptionally proud to be chosen to serve the customers of the Google Domains business. Domains are a critical part of web infrastructure and an essential piece of every business’s online presence. We look forward to serving these new customers as we have served millions using our domain products and are committed to ensuring a seamless transition.”

Google vice president and general manager of merchant shopping, Matt Madrigal added, “In keeping with our efforts to sharpen our focus, we have entered into a definitive agreement with Squarespace for the acquisition of customer accounts of the Google Domains registrar business.

“Supporting a smooth transition for customers over the coming months, with the help of the Google Domains team, is our top priority. Squarespace can provide an integrated experience of purchasing and managing domains along with offering other tools that these customers may need to build their online presence.”

Under the terms of the agreement, Squarespace will honour all existing Google Domains customers’ renewal prices for at least 12 months following the closing of the transaction, as well as provide additional incentives to encourage customers to build a website with Squarespace and adopt other Squarespace offerings.

Upon closing, Squarespace will become the exclusive domains provider for any customer purchasing a domain along with their Workspace subscription from Google directly for a minimum of three years. Squarespace will also provide billing and support services to Google Workspace customers that signed up for the service through Google Domains.

The transaction is expected to close in third quarter 2023 and is subject to certain regulatory approvals and customary closing conditions.