GoDaddy Group Inc Nears Sale Worth $2 Billion

Luno

GoDaddy Group Inc, the largest Internet domain registrar through its flagship brand GoDaddy.com, is said to be nearing sale to three private investors including private-equity firms KKR & Co. and Silver Lake Partners. The deal is reportedly worth between $2 billion and $2.5 billion.

[ad#Google Adsense 336×280]

GoDaddy was founded in 1997 by Bob Parsons, who continues to be the cool CEO at the helm. It is well-known for its edgy and mostly sexy advertising, including Super Bowl commercials and ads featuring “Go Daddy Girls” including popular female race driver Danica Patrick.

GoDaddy’s principle business is in domain registration, but also sells e-commerce, security and other online presence. The company’s steady cash flow is highly attractive to buyout firms.

Source: WSJ

READ ALSO  Gallery: P1 Media Retreat 2011 @ Thistle, Port Dickson
Advertisements
AT - Time
  • Vernon

    Founder + Chief Editor

    Vernon is the founder and chief editor of Vernonchan.com. A graphic designer by profession, he has a deep love for technology, cars, gadgets, food, and travel. He tweets too much and is also known as a caffeine bacterium ("life's too short for bad coffee"). Bleeds Blue (go Chelsea FC!) and considers BMW, Porsche, Alfa Romeo cars to have in the garage--for true petrolheads, that is.

  • Show Comments (1)

Comments are closed.

You May Also Like

Fitbit Versa Inspire
  • Save

Google offers to buy Fitbit

Share via: Shares Facebook Twitter LinkedIn Copy Link More Google owner Alphabet has made ...

Castrol-EDGE-Hunt-for-the-Strongest
  • Save

Castrol EDGE Launches “Hunt for the Strongest” Augmented Reality Mobile App Game for iOS and Android

Share via: Shares Facebook Twitter LinkedIn Copy Link More Save Castrol, the world’s leading ...

  • Save

15 minute fast-charge for Honda EV’s coming in 2022

Share via: Shares Facebook Twitter LinkedIn Copy Link More Honda’s new range of full ...

Maxis to Launch HTC Flyer This Friday

Share via: Shares Facebook Twitter LinkedIn Copy Link More Maxis to Launch HTC Flyer ...

  • Save

Announcement: Heart of The Swarm is 99% Complete!

Share via: Shares Facebook Twitter LinkedIn Copy Link More   Save According to Kotaku, ...

logo-u-mobile
  • Save

U Mobile: Malaysia’s Fastest Mobile Broadband Gets A ‘Boost’

Share via: Shares Facebook Twitter LinkedIn Copy Link More Save Are you constantly weary ...

Copy link
Powered by Social Snap