American Express to acquire Tock from Squarespace for $400m

American Express to acquire Tock from Squarespace for $400m

American Express (NYSE: AXP) has reached an agreement to acquire Tock, a leading technology provider for reservation, table, and event management, from Squarespace (NYSE: SQSP) for $400 million. This acquisition underscores American Express’s commitment to expanding its footprint in the hospitality industry. Matthew Tucker, Head of Tock, expressed confidence in the transaction, stating, “American Express […]