In early February of 2014, it was announced that Bob Parsons, the founder and CEO of GoDaddy, had sold the company to a group of investors for $2.4 billion.
The sale marked the end of an era for Parsons, who had founded the company in 1997.
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Parsons had built GoDaddy into one of the world’s largest domain name registrars and web hosting providers. In his time at the company, GoDaddy had acquired numerous other businesses, including a web design firm and a data storage company.
The sale came as a surprise to many observers, who had expected Parsons to continue to lead the company in his role as CEO. However, the sale allowed Parsons to focus on his other interests, including his investment company, Bob Parsons Ventures.
In conclusion, the sale of GoDaddy by founder and CEO Bob Parsons marked the end of an era for the company. GoDaddy had become one of the world’s largest domain name registrars and web hosting providers, and the sale allowed Parsons to focus on other interests.
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When your GoDaddy domain expired, you likely received an email notifying you of the expiration and giving you the option to renew the domain. If you did not renew the domain, your site would have stopped working and you would have had to find a new domain provider. If you renewed the domain, your site would continue to work, but you would have to re-register the domain with GoDaddy.
In early 2018, the internet gossip site TMZ published a series of reports alleging that GoDaddy founder and CEO Bob Parsons had been funneling money to a child pornography ring. The reports sparked public outrage, and GoDaddy quickly severed ties with Parsons. In a statement to the press, the company said, “We are deeply disturbed by the allegations and are fully cooperating with law enforcement in their investigation.”.
Domain name expiration is the final countdown to a domain’s retirement. When the domain name’s expiration date arrives, the domain name is automatically cancelled and transferred back to the GoDaddy registrar. If you want to keep your domain name alive, you have a few options:
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Since the early 2000s, GoDaddy has been known for their simple and recognizable logo. This logo has been changed multiple times over the years, but it has always been recognizable. However, in late 2017, GoDaddy announced that they would be changing their logo.
GoDaddy was recently bought out by a rival company, Domain Holdings LLC. The company was founded in 1997, and has grown to be the largest domain name registrar in the world. Domain Holdings LLC is based in Scottsdale, Arizona.
In early 2017, GoDaddy announced that it would be selling its web hosting and domain name services business to competitor Expedia. The move came as a surprise to the web hosting community, as GoDaddy had been one of the most popular providers of both services. Shortly after the announcement, rumors circulated that GoDaddy was in financial trouble, and that the sale was a way to offload the company’s liabilities.
On May 9th, GoDaddy, Inc. (NYSE:GDDY) announced that it had been acquired by a group of investors led by private equity firm Blackstone Group LP for $2.4 billion in cash. The purchase price represents a 20% premium over the company’s closing share price on the day of the announcement. The deal is expected to be completed by the end of the year.
GoDaddy, one of the world’s largest domain name registrars, filed for Chapter 11 bankruptcy protection on March 14, 2018. The company has since announced that it will sell its domain name registration business to rival registrar Namecheap. In addition, the company has also announced a number of layoffs and other cost-cutting measures.
