Go Daddy is an Internet domain registrar and web hosting company that also sells e-business related software and services. In 2010, it reached more than 40 million domain names under management. Go Daddy is currently the largest ICANN-accredited registrar in the world, and is four times the size of its closest competitor.
Known for its racy marketing, Go Daddy started advertising in the Super Bowl in 2005. Since then, the company expanded its marketing to include sports sponsorships.
Go Daddy filed for an IPO in 2006, but later cancelled it, due to “market uncertainties.”
Go Daddy maintains that it wants to protect the Internet, but some of their actions have drawn criticism.
The latest news is that Go Daddy is for sale!!!
the Wall Street Journal reported Friday. The newspaper said GoDaddy is on the auction block and could be worth more than $1 billion.
Technology banker Frank Quattrone who runs Qatalyst Partners, has seen his firm selected as the party to execute the sale of Go Daddy Group Inc. which runs the world’s largest domain name registrar.
Who’s expected to try to acquire the company? According to WSJ, “Private-equity firms are expected to bid for the company, which currently has more than 43 million domains under management.”
A company spokeswoman said it "does not comment on rumors."
Go Daddy is an Internet domain registrar and web hosting company that also sells e-business related software and services. In 2010, it reached more than 40 million domain names under management. Go Daddy is currently the largest ICANN-accredited registrar in the world, and is four times the size of its closest competitor.
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