Willing to bet Google is afraid of an antitrust issue, and Squarespace mostly wanted the technology (security/ DNS management) to sure up issues that they’ve had for a long time.
Squarespace Enters Definitive Agreement to Acquire Google Domains Assets
Squarespace Inc. the design-driven platform helping entrepreneurs build brands and businesses online, announced today it has entered into a definitive asset purchase agreement with Google, whereby Squarespace will acquire the assets associated with the Google Domains business, which will be winding down following a transition period. This purchase includes approximately 10 million domains hosted on Google Domains spread across millions of customers.
PRNewswire