Wix.com Acquires Base44 for $80 Million, Supports AI Portfolio and "Vibe Coding" Capabilities

Wix.com Ltd. (NASDAQ:WIX) is one of the best technology stocks according to Wall Street analysts. On June 18, Wix.com announced its acquisition of Base44. The acquisition aims to expand Wix’s AI portfolio and its suite of intelligent solutions to empower a range of users to build and grow their online presence.

The deal involves an initial payment of ~$80 million from Wix, along with additional earn-out payments through 2029 that are contingent on certain performance metrics. While the acquisition is not expected to impact Wix’s 2025 revenue or bookings, Wix plans to allocate ~$25 million for retention bonuses to the Base44 team in 2025 to ensure continuity and integration of their expertise.

Base44’s platform features a fully automated and chat-based interface that manages backend technical details like databases, authentication, and deployment. This eliminates the need for third-party integrations or manual setup. The company has already demonstrated market traction through B2B partnerships with companies like eToro and SimilarWeb.

Wix.com Ltd. (NASDAQ:WIX) operates a cloud-based web development platform for registered users and creators worldwide. Base44 is an AI-powered platform for creating fully functional, custom software solutions and applications using natural language, without the need for traditional coding.

While we acknowledge the potential of WIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.