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GoDaddy Sells To Investor Group

wiredmikey (1824622) writes | more than 2 years ago

The Internet 0

wiredmikey (1824622) writes "Domain name registrar and Web hosting provider GoDaddy, announced it has agreed to receive a strategic investment from private equity firms KKR, Silver Lake and Technology Crossover Ventures.

The terms of the transaction were not disclosed, but the Wall Street Journal reported people familiar with the deal saying it could be worth approximately $2.25 billion.

The Scottsdale, Arizona based company which has built its marketing around scantly-clad women, manages more than 48 million domain names. The Company offers more than 50 product lines, Web hosting, Web site creation services, secure SSL Certificates, and more."

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