Squarespace sells restaurant reservation system Tock to American Express for $400M | TechCrunch
Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for the service three years ago. Separately, AmEx will be buying Rooam, a mobile payments and ordering platform that integrates with point-of-sale systems.
Terms of the Rooam deal were not disclosed.
The news comes a month after private equity giant Permira announced plans to acquire Squarespace and take it private in...
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