According 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.