Does Automattic own Pressable?

Up arrow graphQuestion: Does Automattic own Pressable?

Answer: Yes, Automattic owns a majority stake in Pressable (formerly known as ZippyKid). Before, Automattic acquired the majority stake in Pressable. Automattic was already an early investor in the managed web hosting company. Automattic brought the shares held by the CEO of Pressable earlier this year, making Automattic the majority shareholder of Pressable.