For sale – GoDaddy.com

GoDaddy.com has put itself up for the auction, and could well sell the giant web hosting company to a private equity firm for more than billion US dollars.

GoDaddy.com is a popular domain name and web hosting company, and it’s a surprise for many people to see GoDaddy.com on auction block for sale.
Frank Quattrone led ‘Catalyst Partners’ was hired to sell the GoDaddy.com.
GoDaddy, a Scottsdale based internet company, was founded by Bob Parsons back in 1997. Over the years, GoDaddy has emerged as a top domain registrar. GoDaddy is well known around the globe for their web hosting related services.
GoDaddy.com offers domain registration, reliable web hosting solutions, e-commerce solutions and even the web designing and other services related to online presence.
GoDaddy.com has over 43 million active domain names under its management. Apart from this, the parallel web hosting services offered GoDaddy.com fetches them a big money.
GoDaddy earns about $800 million as income every year. So, this will interest many of the industry biggies to get a hold on the giant web hosting company!
GoDaddy is going pretty successful, and the reasons for the sale are not yet known. We have to wait for some more time to get a clear picture on this!