GoDaddy.com puts itself up for sale: report

Just saw this news story now.

http://www.reuters.com/article/idUSTRE6895HB20100910

(Reuters) - Internet domain name registry GoDaddy.com has put itself up for sale, the Wall Street Journal reported on Friday.

The privately held company could fetch more than $1 billion in an auction, the report said, citing people familiar with the matter.

 

Interesting development.
I wonder if the GoDaddy people feel they've maxed out and now want to cash in before the business gets stale.
Bottom line, maybe there is limited upside left for GoDaddy.

 

The reports say they would get upto $1 billion

 

Nice to hear the same. But I feel that this is not the right section to put such kinds of news. This section is for selling and buying sites.

 

you may be right about this.

 

Is'nt this the section for general chat?

 

I bet it got moved. On topic though: I am going to be following this very closely as I have a lot of domains with GoDaddy. I see them selling it to some stupid investment group and I am pulling my domains
out of there faster then you can say "gfy godaddy" lol.

 

i hope the new buyers or owners make the company more like namecheap or something thier prices are good but i hate their support

 

The topic has been moved to GENERAL CHAT. It was earlier posted under ( Buy,Sell,Trade --> SITES Section ).

 

So what's going to happen? Just change of owners?

 

In such cases, the company remains as it is without any major change. Only change of owners happen.

 

what will happen to our domains?

they will be safe with new owner?

 

Time will only say. But I feel that maybe new owner may make some changes in the site. Just guessing

 

Thanks for the news but it really should be in the news feed section.