Accordingly, Alphabet has signed an agreement with Squarespace to sell domain registration packages and related customer accounts from the Google Domains service. A report from Bloomberg indicates the deal is worth $180 million.
The Android operating system giant stated that users' Google Domains accounts will not be immediately affected and they do nothing. Once regulatory approval is received, users will become Squarespace customers and their domains will be managed by Squarespace. At the time of the transition, linked Google Workspace services will be automatically managed by Squarespace, with some exceptions.
User domain registration and DNS authorization will not be affected when migrating to Squarespace. Customers can still manage additional services (if any) through the management dashboard.
Abandoning the domain name business is one of Google's latest restructuring efforts.
Squarespace, for its part, says it estimates it will own approximately 10 million domain names hosted on Google Domains from millions of customers.
This is seen as one of Google's efforts to strengthen its focus as it decides to sell its domain name registration business. Google Domains launched in 2014 and was a major supporter of the HTTPS standard and top-level domains (TLDs), with the service ending its beta version in 2022.
Squarespace stated that it will honor the renewal prices of all existing Google Domains customers for at least 12 months after the transaction ends. Notably, Squarespace will become the exclusive domain provider for any customer who purchases a Workspace subscription along with their Workspace registration directly from Google for a minimum of 3 years.
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