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Article

GoDaddy Reportedly For Sale

The world’s largest registrar of Internet domain names reported revenues of $750-$800M last year

Privately held Arizona-based GoDaddy.com, the world’s largest registrar of Internet domain names, figures it’s time to cash out and has put itself up for auction. The Wall Street Journal, which broke the story, says it could fetch more than a billion dollars.

Qatalyst Partners, the boutique firm run by rehabilitated technology banker Frank Quattrone, which just guided 3PAR to its glorious $33-a-share buyout by HP, is supposed to be shopping Go Daddy.

The paper says private equity firms are expected to bid for the company, which currently has more than 43 million domains under management.

Besides registering domain names, GoDaddy.com sells e-commerce, security and other services. It reported had revenues of $750 million-$800 million last year.

Private equity houses are supposed to fancy the monthly fee-based subscriptions and the up-sell potential.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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