Vistaprint Agrees to Acquire Webs Inc. for $117.5 Million
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VENLO, THE NETHERLANDS/SILVER SPRING, MD—Dec. 19, 2011—Vistaprint N.V. and Webs Inc., the do-it-yourself suite of Websites, Facebook pages and mobile presence solutions for small businesses, announced the companies have entered into a definitive agreement in which Vistaprint will acquire Webs for $117.5 million payable at closing. The company‘s revenues for the calendar year 2011 are forecast to be approximately $9 million.
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