GoDaddy is probably the king of domain registrations and hosting solutions with it being the registrant of a significant percentage of registered domains. Now the big daddy of domain registration, e-commerce and hosting services has put itself up on sale for a staggering $1 billion.
According to WSJ, GoDaddy is up on the block for a cool sum of $1 billion. GoDaddy, which heavily advertises raunchy advertisements, specially during the Super Bowl posted revenue between $750 and $800 million in 2009 and is by far the biggest domain registrant and service provider for websites.
GoDaddy.com currently handles about 43 million domain registrations, the sale for Go Daddy Group Inc will be handled by Qatalyst Partners. GoDaddy has been known to provide steep discounts on domain registration including 99 cent domain deals to lure customers towards them. However, it would be interesting to see who they lure with the $1 billion price tag.