GoDaddy Sold Out For $2.25 Billion

The World’s largest and biggest Domain registrar GoDaddy has been Sold out for $2.25 Billion to three equity firms. GoDaddy announced the news recently.

Three Firms namely KKR & Co., Silver Lake Partners and Technology Crossover Ventures are those firms who was signed out the deal to buy out GoDaddy all around 2 to 2.5 billion dollars.

Bob Parsons, Company Founder and CEO of GoDaddy said that

“What these guys see is a company with a lot more potential internationally and more potential to make partnerships and acquisitions. They’ll help us finance and they’ll help us recruit talent.”

GoDaddy Sold Out for 2.5 Billion Dollar

So now the already developed company will develop a lot and lot what do you say ?

Source Wall Street Journal