GoDaddy divests managed hosting business as planned. GoDaddy has entered into an agreement to sell PlusServer, a business it picked up in the Host Europe Group acquisition, for €397 million (USD $456 million). Funds advised by BC Partners are buying ... Continue ReadingLeave a Comment
GoDaddy is buying NamesCon
· Domain RegistrarsWorld's largest domain name registrar will own NamesCon after it completes HEG acquisition. The rumors are true--GoDaddy (NYSE:GDDY) is acquiring Host Europe Group. The US $1.79 billion transaction is expected to close in the second quarter of next ... Continue Reading10 Comments
GoDaddy releases Q3 earnings, posts 15% top line growth
· Domain RegistrarsCompany swings to a GAAP profit as top line continues to grow at healthy clip. GoDaddy (NYSE: GDDY) reported earnings after the bell today. Total revenue was $472.1 million, up 14.8% year over year. Domains revenue was $236.6 million, up 10% ... Continue ReadingLeave a Comment
Domain Stocks: From -26% to +51%, here’s how they’re doing this year
· UncategorizedTucows, MMX and GoDaddy are enjoying great years, Endurance and Web.com...not so much. There are just a couple of months left in the year, and it has been one of ups and downs for many domain name stocks. The S&P 500 has returned about 7% this year. ... Continue Reading1 Comment
Major shakeup: Tucows sending expired domain names to GoDaddy Auctions
· Expired DomainsTucows shifts expired domain inventory to GoDaddy. In a major shakeup in the expired domain name market, GoDaddy Auctions has begun auctioning off Tucows' expired domain name inventory. This is the first time GoDaddy has sold a third-party ... Continue Reading30 Comments
GoDaddy moves from Super Bowl to Presidential Debates [Video]
· Domain RegistrarsCompany to run ads during pre- and post- debate coverage. GoDaddy (NYSE: GDDY) didn't advertise during the Super Bowl this year, but it's going to spend a lot of money on TV ads coinciding with upcoming U.S. Presidential debates. The company has a ... Continue Reading3 Comments
Most domain name stocks in positive territory for Q1 after historic market comeback
· UncategorizedTwo domain companies on the London AIM perform the best, but most stocks had a decent quarter. The first quarter of the year came to a close yesterday, and it was a wild one for stocks. It was the biggest comeback in the history of the DOW for a ... Continue ReadingLeave a Comment