Godaddy the world’s largest registrar and web host by number of domains manged had been in process of selling from the past few weeks. Ultimately after endless talks, a private equity firm KKR, Silver Lake and Technology Crossover Ventures made a deal of purchasing Godaddy for 2.25 billion$.
The new owners are expecting to make 1.1 billion dollar in revenue this year as the Internet is getting bigger as times passes. More and more websites are getting added to this web world and the most basic part of a website is the “DOMAIN”.
Godaddy group was founded by Bob Parsons in 1997 who will continue to serve as it’s CEO. The company is based in Scottsdale, Arizona and manages more than 48 million domains and also is one of the worlds largest web host.
Godaddy is famous for it’s coupon codes which helps many domainers and webmasters to get domains at a very cheap prices as compared to other registrars like Network Solutions aka NETSOL. Not only this Godaddy also have a special auction wing which is used by many professional domainers worldwide to sell their domains. Their expired domain auctions are one of the best where you can pick a aged domain at prices much lower than the original renewal cost.