GoDaddy.com goes up for sale

Posted: September 12, 2010 in Uncategorized
GoDaddy.com goes up for sale

GoDaddy.com, the extremely popular site used to register domain

names online, has said this week that it is putting itself up for sale.

The site is expected to receive a bid over $1 billion.

GoDaddy, the world’s largest domain name registrar, has 43 million domains under management.

The privately-held company was started by CEO Bob Parsons in 1997, and is well known for its advertising campaigns, such as the “Go Daddy Girls” ads shown off during recent Super Bowls.

Because the company is private, it does not have reveal its finances, but sources close to the site say the site posted revenue of almost $800 million last year.

Small rival Register.com was sold earlier in the year for $135 million.
via afterdawn.com

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