Post by TheGreatGadabout on May 13, 2014 21:31:46 GMT
Go Daddy is a privately held company that is primarily an internet domain registrar and web hosting company. Go Daddy filed for an IPO in 2006 and later canceled it due to "market uncertainties", but is preparing for IPO as of March 2014. In addition to domain registration and hosting Go Daddy also sells e-business related software and services. On June 24, 2011, the Wall Street Journal reported that private-equity firms KKR and Silver Lake Partners, along with a third investor, were nearing a deal to buy the company for between $2–2.5 billion. On July 1, 2011, Go Daddy confirmed that KKR, Silver Lake Partners, and Technology Crossover Ventures had closed the deal. Although the purchase price was not officially announced it was reported to be $2.25 billion, for 65% of the company. As of December 2011, Bob Parsons has stepped down as CEO into the role of Executive Chairman. Current CEO Blake Irving, joined Go Daddy on January 6, 2013.
www.GoDaddy.com
www.GoDaddy.com
