GoDaddy.com is Up for Sale

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GoDaddyAccording to a report by Wall Street Journal, GoDaddy.com famous for Internet domain registrations is up for sale. GoDaddy is not just a small domain registrar company, it also sells e-commerce solutions, security and other services to individuals and companies.

GoDaddy’s financial records also seem to be quite strong and it has posted revenue between $750 million and $800 million in 2009. The majors in the service are indicating that GoDaddy could go for sale for more than $1 billion.

According to Wall Street Journal report Private-equity firms are expected to bid for the company which has more than 43 billion domains under management. So if you are a customer using GoDaddy’s service hold tight, as things can turn over with the sale and new management.

(via thenextweb)

Anurag Upadhaya

Anurag Upadhaya

Anurag Upadhaya is a FOSS enthusiast, Counter Strike gamer, Tech blogger and 24x7 netizen from Bangalore. Follow him on Twitter: @e_anurag | Drop him a line: anurag@blogsdna.com View author profile

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