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GoDaddy May Get Purchased for $2.5 Billion

Private equity firms reportedly in talks

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GoDaddy May Get Purchased for $2.5 Billion
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GoDaddy might be transferring ownership soon. The Wall Street Journal is reporting, citing “people familiar with the matter,” that private equity firms KKR & Co. and Silver Lake Partners, along with Technology Crossover Ventures (as a minority investor) are looking to purchase GoDaddy Group Inc. for between $2 billion and $2.5 billion, and that current CEO Bob Parsons would maintain his role, though these people also reportedly say that an agreement may not be reached.

Most of GoDaddy’s press in recent months has been centered around either the company’s charitable donations to non-profit organizations like Hope For Haiti, or around Parsons’ killing of an elephant in Zimbabwe (a subject Parsons himself has brought up several times since the controversy first spread), which let to some customers claiming they would take their business elsewhere, and competing domain registrars offering deals for those jumping ship.

There is more to GoDaddy than just charity, elephant-killing, and even domain names, however. The offer web hosting, email, security, search, design, consulting, and various business services. The company is widely known for its sometimes controversial Super Bowl ads and its use of scantily clad women in its marketing campaigns.

Earlier this week, GoDaddy launched an anti-cyberbullying campaign. The company donated $200,000 to the Boys & Girls Clubs of Greater Scottsdale, Arizona, in order to expand the organization’s technology labs, add new computers and incorporate education about how to combat bullies who use the Internet to harass others.

“I have seen first-hand how mean-spirited people can be on the Internet,” Parsons said. “It’s just too easy to use a keyboard and a computer as a tool to bully and intimidate people. Go Daddy wants to help young people learn how to deal with cyberbullies … the right way.”

In fact, in our previous coverage of the ongoing GoDaddy elephant saga, we pointed to a tweet from Parsons where he called one of his critics a bully.

No tweets about a possible buyout yet.

On another GoDaddy-related note, the company’s competitors are still looking to capitalize on the elephant-controversy. Domain.com has been running an ad (seen below on Reddit) saying, “”No trashy commercials. No elephant hunting. Just straightforward domain registration and web hosting at Domain.com.”

Reddit Domain ad

GoDaddy May Get Purchased for $2.5 Billion
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  • http://www.wsdbiz.co.il/contact.php Aviran

    GoDaddy is indeed the best company there is for domains and hosting, while being mostly familiar for their cheap prices, I think its worth the price.

  • David N. Brown

    I find it bizare that godaddy.com would be sponsoring “anti-cyberbullying” campaigns. One of their clients, Richard Scoville, is a notorious cyberbully. His most notable activity is posting and/or getting one or more obviously deranged and deviant to post on usenet false accusations that personal enemies and random strangers are convicted sex offenders. These posts invariably include tinyurl links to Scoville’s godaddy-hosted site free speech store dot com, where the posts are reposted for sale. On top of that, victims of these accusations are sent emails inviting them to BUY the false accusations from Scoville. If somebody buys godaddy, I hope the first thing they do is flush scoville’s site and FIRE whomever is most responsible for not doing that sooner. I am one of the victims of Scoville’s thuggery.

    David N. Brown
    Mesa, Arizona

  • http://www.oldshop.manuals.com PAUL

    Nothing but Pink Elephants over here. Unless Danica wants some company.

    www.oldshopmanuals.com

  • http://awesumwebsites.info fudley bezuidenhout

    GD was largely built around BPs personality and quircky-ness. I don’t see him slotting in and being restrained by corporate ethos. The sale will prolly signal the beginning of the end for GD.

    http://awesumwebsites.info

  • http://www.visionefx.net Rick Vidallon

    Maybe they will finally get a toll-free support line for customers?

    • http://www.Marketeng.com Eric Lituchy

      Rick, toll-free numbers are pretty much useless these days as most people have unlimited calling plans. GoDaddy’s support is superior to anything else out there and the fact that their reps are so well trained will keep me coming back again and again.

  • Ronald Paul

    ““I have seen first-hand how mean-spirited people can be on the Internet,” Parsons said. “It’s just too easy to use a keyboard and a computer as a tool to bully and intimidate people.”

    And Parsons just showed us how easy it is to be a “bully” –as well as a coward and murderer — in real life… no computer or keyboard necessary, no cahones’ necessary, just bring a big gun and a sick mind, then put your filthy foot on top of the magnificent being, the once-living female member of a family that will *forever* grieve their loss, the beautiful creature that you just murdered and smiled for the cameras over your “trophy”, you disgusting $%#%%@.

    I have always loathed Bob Parsons and have always loathed godaddy (they hijacked my domains from a host that went BK, and I couldn’t get away from them and transfer over to name.com fast enough). I’d shut down all of my sites if godaddy were the last web host left on the planet and go live in a palm hut on a beach.

    What I have to say here probably makes me a cyber “bully” in Parsons’ eyes, but only because it’s directed at him, however I am merely expressing my sincerest feelings and thoughts of this most excellent example of a pathetic piece of prissy poodle poo via my 1st ammendment and not paying up to $70,000.00 and using a gun to do it. He’s a vile coward. Plain and simple fact.

    I hope he takes his 2.5B and disappears forever.

    • Joyce

      Couldn’t have said it better. Fanned!

    • Rand Paul

      Your right… It’s better to kill a whole African village than 1 elephant. Racist!

  • http://ukrbiz.info Viktor

    I’m with Godaddy for over 10 years, and yes they don’t have tall fee phone number, but still manage to provide excellent costumer support.
    Ukrainian Business Directory

  • http://www.seonorthamerica.com Tom Aikins

    GoDaddy must be selling a lot of hosting services. 2.5 billion! I had no idea they were so big but I must say I’ve always had pretty good service from them.

  • http://www.pd4y.com Phone Dating

    Interesting, such a huge company and do not have 1-800 number? We always have to call long distance and usually be on hold for some time as well.
    We have been moving most services out from them in last 2 years because we think we’ve found a better deal.

  • http://www.internetmarketingiq.com Mike

    GoDaddy’s Whois Protection ie Domains by Proxy is grossly overpriced compared to the competition. I took advantage of one of the offers to jump ship for this very reason. I also do not appreciate how GoDaddy continually tries to trick you into upsells with screen after screen of useless offers. Their domain management tools however are very nice.

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