Web.com Completes Acquisition of Yodle

| March 09, 2016

Web.com Completes Acquisition of Yodle
JACKSONVILLE, Fla., March 09, 2016 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq:WEB), a leading provider of Internet services and online marketing solutions for small businesses, today announced it has completed the acquisition of 100% of the outstanding shares of Yodle, a leader in local digital marketing, in an all cash transaction. “We are excited to have Yodle join the Web.com family. Yodle has a strong track record of developing and selling innovative internet based marketing solutions that help small businesses drive new business and retain existing customers. I expect great things from combining the talent and products of Yodle and Web.com. We will be better positioned to fulfill our mission of helping small businesses succeed using the internet and technology,” said David L. Brown, chairman, chief executive officer and president of Web.com. Brown continued, “This acquisition builds on our strategic position as a leading provider of value added digital marketing solutions, increases Web.com’s exposure to higher growth markets and adds new products and capabilities. Specifically, we will be gaining cloud based marketing solutions that are vertically focused, office automation business applications and a marketing platform dedicated to franchise businesses.”

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Small businesses always want to grab the idea of the week. And
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So the shiny object that makes the most noise this week is now the
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