WordPress management site WP Engine acquires Flywheel as it moves to a $1B valuation and IPO

WordPressnow accounts for 34 percent of all websites globally, and today one of the key companies that helps handle the creation and management of some of those WP-hosted sites is getting a little bigger through some consolidation in the wider ecosystem. WP Engine, which works with businesses to build and manage their WordPress-hosted sites, has aquired Flywheel, a smaller competitor.
Financial terms of the deal are not being disclosed, WP Engine’sCEO and chairperson Heather Brunner said i