GoDaddy sold for $ 2.25 billion
Somehow unexpectedly (at least for me) there was news that GoDaddy, one of the largest companies in the world - domain registrars / hosters, was sold for 2.25 billion dollars. The buyers in this case were three investment funds KKR & Co, Silver Lake Partners and Technology Crossover Ventures. Bob Parsons, the current CEO and founder of GoDaddy, believes that the new owners of the company will be able to provide even more active than now, the growth of GoDaddy.
This company is now at the peak of its development, and indeed is a tidbit for many investment funds. Over the past three years, the company’s business has been growing, and from 2009 to 2010 the company's revenue amounted to 947 million US dollars. GoDaddy’s expected revenue of around $ 1.1 billion in 2011. It is worth noting that GoDaddy currently has about 48 million domains.
These three buyer companies are going to invest significant funds in GoDaddy to develop a new business for themselves. GoDaddy offers its customers a wide range of services, ranging from domain registration and maintenance, to hosting and servicing large-scale resources with high traffic.
New investments in the company's assets will be used to purchase additional equipment, expand and update the GoDaddy network infrastructure. It seems that an actively developing company will soon become even more active.
And GoDaddy is famous for its advertising, here is one of their characteristic examples:
Apparently, such advertising allows the company to win more new customers.