Godaddy To Be Sold For Over 2 Billion
2011-06-25
The largest domain registrar in the world Godaddy.com was reported to be sold to private-equity firms KKR & Co. and Silver Lake Partners, along with a third investor. The price might be between $2 billion and $2.5 billion.
Nobody knows the exact reason why Godaddy want to be sold. Is there any relationship about the ICANN’ new top-level domain policy? The New-Top Level Domains policy will allow companies and organizations to turn their own brands into Internet domain extensions (that is .brand) or to create broad generic strings such as .CAR, .SPORTS or .BANK.
A sale could be announced as early as next week, But currently no definitive agreement has been reached yet. In 2010 September, GoDaddy hired investment bank Qatalyst Partners to find potential buyers.
For most of domain name players in the world, Godaddy is the most reliable domain registrar, Is there any change after Godaddy sold ? Let us wait and watch.