Items tagged with GoDaddy
GoDaddy, the the world's largest ICANN-accredited Internet domain registrar with more than 59 million domain names under its management, has filed for an initial public offering (IPO) of at least 22 million shares expected to be priced between $17 and $19 a pop. On the higher end, that would value the company at $2.87 billion, far less than the $4.5 billion figure that was being through around several months ago. That would also raise up to $418 million, the net worth of the 22 million Class A shares, or potentially more if the underwriters of the IPO decide to buy more shares. The total number that could be up for grabs is 25.3 million shares -- at $19 each, GoDaddy's IPO would fetch $480.7...
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GoDaddy, the world's largest domain name registrar with 14 facilities spread across the world, is reportedly planning an initial public offering (IPO) next year and is seeking a valuation of $4.5 billion. The paperwork for the IPO was filed by GoDaddy Chief Financial Officers (CFO) Scot Wagner back in June, and he met with analysts a week ago to provide an update.According to a report in the New York Post, GoDaddy is backed by buyout bigwigs KKR and Silver Lake, the latter of which is the same one that helped Michael Dell buy back the computer company he founded and take it private.Part of the reason why GoDaddy wants an IPO is because it will provide the company an opportunity to diversify and...
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Tech titan Microsoft and domain name guru GoDaddy announced a long-term strategic partnership to offer Office 365 as GoDaddy's exclusive core business-class email and productivity service to its small-business customers. This is a win-win situation for both companies -- Microsoft gains access to 12 million customers worldwide, while GoDaddy is able to offer a legit service to its small business clients. "Combining our small-business expertise together with Microsoft’s productivity offerings opens new doors for small businesses to easily get the tools they need to get more done in their day," said Steven Aldrich, senior vice president of Business Applications, GoDaddy. "We’ve created...
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As we reported on Tuesday, GoDaddy suffered a major outage that left thousands, and potentially millions of customers with downed websites and services. While a supposed member of the Anonymous collective took credit for an attack, GoDaddy has since concluded that no hack or distributed denial of service attack took place. Instead, the company has posted on its site that the cause of the issue was a router that somehow had its data tables corrupted. Many have remained skeptical about this claim, however, as for a single router being able to take out all of GoDaddy seems unlikely. All hosts have, or should have, excellent redundancy in place. GoDaddy's outage didn't last mere minutes, but hours....
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On Monday around mid-morning, a lone hacker claiming association to hacker collective Anonymous attacked GoDaddy.com, taking down many of the personal and small business websites that GoDaddy hosts. GoDaddy posted some vague Tweets throughout the day, assuring its customers that it was aware of and working on the problem, and the following was posted on the official company website: At 10:25 am PT, GoDaddy.com and associated customer services experienced intermittent outages. Services began to be restored for the bulk of affected customers at 2:43 pm PT. At no time was any sensitive customer information, such as credit card data, passwords or names and addresses, compromised. We will provide...
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Internet domain registrar GoDaddy isn't afraid to ruffle a few feathers, because if it was, it would never run all those sexually suggestive ads during the Super Bowl and at other times during the year. But what really got GoDaddy in hot water was the fact that it was supporting the "Stop Online Piracy Act," or SOPA. When word got out that GoDaddy was backing the controversial bill, it was like a 'Flame On!' button for the Internet community at large, and so GoDaddy has wisely chosen to reverse its support. "Fighting online piracy is of the utmost importance, which is why Go Daddy has been working to help craft revisions to this legislation - but we can clearly do better," Warren Adelman, Go...
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Domain registrar GoDaddy.com has been on the auction block since September of last year, and it appears the site has finally found a buyer willing to pay a high enough asking price. Actually, three buyers, including private equity-firms KKR & Co. and Silver Lake Partners, and private equity and venture capital firm Technology Crossover Ventures, the Wall Street Journal reports. Citing "people familiar with the matter," WSJ says the deal will go down for between $2 billion and $2.5 billion, with an official announcement potentially coming as early as next week. During its 14-year tenure on the Web, GoDaddy.com has grown into the world's largest registrar of domain names. The site also sells...
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