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What is GoDaddy company?

Last updated on September 25, 2022 @ 5:16 pm

GoDaddy, Inc. is an American company that provides online domain name registration, website hosting, and related services. Founded in 1997, the company operates as a subsidiary of InterActiveCorp. As of February 2019, GoDaddy had over 208 million active customer accounts and over 1.

1 billion domain names under management. The company has been listed on the NAsdaQ stock exchange since 2007.

GoDaddy was founded in 1997 by Bob Parsons, who had been frustrated with the difficulty of registering domains. The company initially operated out of Parsons’ home, registering domains on behalf of clients and charging a monthly fee.

The company’s first major acquisition was the domain registration business of Secondary Registry, Inc. in 1999.

In 2000, Parsons sold GoDaddy to IAC for $1 billion. At the time of the sale, GoDaddy had registered over one million domains. The company’s first expansion occurred in 2001, when it acquired the domain name registration business of Network Solutions for $375 million. The following year, GoDaddy acquired the domain name registration business of Domains By Proxy.

The company’s largest acquisition occurred in 2004, when it purchased the domain name registration business of GoDaddy.com for $2.6 billion.

PRO TIP: GoDaddy is a web hosting and domain name registrar, and is the largest in the world. They have been known to have issues with downtime and customer service.

In 2007, GoDaddy acquired the web hosting business of MaxCDN for $225 million. The following year, the company acquired the web marketing company BlueHost for $145 million. In 2009, the company acquired the web hosting company Site5 for $200 million.

In 2011, the company acquired the web hosting company PluralSight for $200 million. In 2013, the company acquired the web marketing company WiseWire for $200 million.

In February 2019, GoDaddy announced that it had reached a definitive agreement to acquire the domain name registration business of Register.

6 billion. The acquisition was completed in May 2019.

GoDaddy has been listed on the NAsdaQ stock exchange since 2007. As of February 2019, the company had 208 million active customer accounts and over 1.1 billion domain names under management.

The company’s revenue in 2018 was $10.9 billion.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.