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Go Daddy

Go Daddy
Dotcom Company
TypePrivate company
FounderBob Parsons
LocationScottsdale, Arizona, USA
IndustryDomain Registrar
ProductsWeb services

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Go Daddy is an Internet domain registrar and Web hosting company that also sells e-business related software and services. In 2010, it reached more than 45 million domain names under management. Go Daddy is currently the largest ICANN-accredited registrar in the world, and is four times the size of its closest competitor.

Go Daddy started advertising in the Super Bowl in 2005. Since then, the company expanded its marketing to include sports sponsorships.

Go Daddy filed for an IPO in 2006, but later canceled it, due to "market uncertainties".

In September 2010, Go Daddy put itself up for auction. Go Daddy called off the auction several weeks later, despite reports that bids exceeded the asking price of $1.5 billion to $2 billion. On June 24, 2011, The Wall Street Journal reported that private-equity firms KKR and Silver Lake Partners, along with a third investor, are nearing a deal to buy the company for between $2-2.5 billion. On July 1,2011 Go Daddy confirmed that KKR and Silver Lake Partners and Technology Crossover Ventures closed the deal. Although the purchase price was not officially announced it was reported to be $2.25 billion.

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