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Land of the Giants: Facebook gets a facelift by Decoder with Nilay Patel. Long before Mark Zuckerberg renamed Facebook Meta and made an unprecedented pivot into the metaver. Automattic has recently been awarded and featured on the highly prestigious Forbes Cloud 100 List that features only some of the most sought-after private cloud companies in the world. This week, were sharing the first episode of Land of the Giants: The Facebook/ Meta Disruption. The blog post announcing the purchase didn’t offer much in terms of an overview, but it teased potential future integrations. Tumblr to buy Pocket Casts Automattic, the parent company of Tumblr and is going to acquire the popular podcast app- Pocket casts from a. The company is a strong advocate for keeping the world of blogging alive, and their belief in open-source is unique and has kept inclusivity at an all-time high. Automattic, which runs and recently bought Tumblr, today announced it has acquired Pocket Casts, the well-regarded podcast app. It is expected that more will join this list and make for a more diversified umbrella of companies. Not to mention, the company has recently acquired Day One, Pocket Casts, and Parse.ly.Īutomattic is most notable for WordPress, the popular website builder, and open-source content management system, and since its founding in 2005, Automattic has expanded the companies under its belt to include ones like WooCommerce, Longreads, Simplenote, Tumblr, Jetpack, Gravatar, and more. Automattic, which operates and recently bought Tumblr, announced today that it has acquired Pocket Casts. The company has been working and growing its brand in more ways than one, expanding by over 300 new employees through August and fundraising nearly $300 million.

The company, now valued at $7.5 billion following a $250 million share buyback, is growing exponentially as employees are able to cash their equity holdings and therefore appreciate the value of company shares. The highly successful private cloud company, Automattic, has been on the rise despite hundreds of other tech companies entering the public market this year as it remains private. Automattic: The Booming Private Cloud Company