Acquisition will strengthen Vistaprint’s leadership in Integrated Marketing Solutions for Micro Businesses: Print, Apparel, Signage, Websites, Facebook and Mobile -
VENLO, the Netherlands, and SILVER SPRING, MD, December 19, 2011-- Vistaprint N.V. (Nasdaq: VPRT), a leading online provider of professional marketing products and services to micro businesses, and Webs, Inc., the popular, do-it-yourself suite of websites, Facebook Pages and mobile presence solutions for small businesses, today announced the companies have entered into a definitive agreement in which Vistaprint will acquire Webs for $117.5 million payable at closing. The consideration will be paid through a combination of cash and restricted shares. This acquisition is in line with Vistaprint’s recently announced strategy to be more proactive in its evaluation of acquisition opportunities that will help lay foundations for future growth.
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