Israeli website-building giant Wix is acquiring the startup Base44, founded by Maor Shlomo, for $80 million, which may increase based on future revenue targets. Base44 offers a no-code app-building tool that gained rapid popularity, attracting over 100,000 users within months of its launch, and aims to revolutionize software creation by making it accessible to non-programmers. Shlomo, a seasoned entrepreneur, views the acquisition as a strategic move to scale and enhance the product's global reach amidst the AI revolution.
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