Alphabet is winding down its Google Domains business and selling its assets to Squarespace, according to a statement Thursday. From a report: 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. The assets include "10 million domains hosted on Google Domains spread across millions of customers," according to the statement, confirming a Bloomberg News report. "We are exceptionally proud to be chosen to serve the customers of the Google Domains business," Anthony Casalena, founder and chief executive officer of Squarespace, said in the statement. "Domains are a critical part of web infrastructure and an essential piece of every business's online presence."
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