Saturday, June 25, 2011

Pass the world's largest domain name provider GoDaddy, or a $ 2 billion takeover

Pass the world's largest domain name provider GoDaddy, or a $ 2 billion takeover
"New York Post" reported that KKR had previously interested in acquiring Go Daddy.
           By Bob Parsons Go Daddy Group (Bob Parsons) was founded in 1997, he willcontinue as CEO in the acquisition of the post. Go Daddy managed more than 48 million domain names, also sell web hosting services, web site building tools and other related products.
         June 25, according to foreign media reports, sources, U.S. domain name service provider Go Daddy is about to be by the KKR & Co and Silver Lake Partnersconsortium purchase price of up to $ 2.5 billion. The transaction is expected Tuesday.

         Silver Lake Partners portfolio includes a number of technology companies, and KKR's investment involves a number of industries, including technology.

         Private equity and venture capital companies Crossover Ventures will also participate in this investment. The source said, Go Daddy has been seeking to sell.