Thursday, September 16, 2010

Go Daddy goes up for sale...

It is really a shocking news for most of the domain buyers from GODADDY.com. This is the BIGGEST company in the world that holds nearly 50% share in domain sales marketing. The Wall Street Journal confirms that this company auction could fetch more than $1 billion.

The company hired Qatalyst Partners to look after auction as well as the final settlement. Various organizations including Private equity firms are bidding to purchase this BIG company. This company was found out in the year 1997 and currently having monthly transactions only in domain sales is $600- $800 millions. Previously Register.com and Network Solutions was purchased by private equity’s.

Who will buy GoDaddy.com? Is it Amazon or Google? Who knows Yahoo or Microsoft may also purchase. Let us see with our fingers crossed...

1 comment:

Eddy said...

I did not know that, I'm a Domain Reseller using Godaddy, wondering what's going to happen to my customers...