The company has been bought by Automattic, the company behind Wordpress, in a cash and shares deal, and Jepson and his partner Mark Forrester are expected to continue working on developing their market for Wordpress themes.
“It's a good deal,” Jepson told Stavanger Aftonbladet newspaper, “But it is in the agreement that we should not go public with the sums involved.”
Jepson began as a web designer using WordPress to make simple websites in 2007, but soon moved on to designing plug-ins for the platform, in 2011 developing a tool called WooCommerce, which allows users to turn Wordpress sites into online shops.
According to Jepson, WooCommerce is now used by one in four online shops worldwide.
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Announcing the deal on his blog, Jepson said that he had had “an incredible ride” and had never expected “the rocket-propelled voyage into the self-hosted eCommerce unknown that lay ahead” when he started the company in 2008.