Alphabet Selling Google Domains Assets to Squarespace

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Photographer: Nathan Laine/Bloomberg
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Alphabet Inc. is winding down its Google Domains business and selling its assets to Squarespace Inc., according to a statementBloomberg Terminal Thursday.

Squarespace is acquiring the assets associated with the business for about $180 million, according to a person familiar with the matter, who asked to not be identified because the financial details of the transaction aren’t public.