KKR & Co and Silver Lake Partners In Talks to Buy Go Daddy Web Hosting

Web hosting giant and most popular domain registrar Go Daddy is very close to being acquired by private equity companies KKR & Co and Silver Lake Partners for between $2 billion and $2.5 billion, according to several well trusted reports on Friday.

KKR & Co and Silver Lake Partners In Talks to Buy Go Daddy Web Hosting
KKR & Co and Silver Lake Partners In Talks to Buy Go Daddy Web Hosting

Greatresponder.com – 2011-06-25 – Web hosting giant and most popular domain registrar Go Daddy is very close to being acquired by private equity companies KKR & Co and Silver Lake Partners for between $2 billion and $2.5 billion, according to several well trusted reports on Friday.

At this point of time, the deal has not been approved by either party. Reports on the Wall Street Journal and Reuters say a source close to the matter has said the deal could close as early as next within week.

Go Daddy initially shopped around for buyers in September 2010, but Bloomberg says the company was looking for a higher evaluation. In September the number sat around $1 billion.

Bloomberg says that the web hosting giant and most popular domain registrar Go Daddy is an attractive buy because its primary customer base is small businesses, a market that has seen tremendous growth in the past few years.

Go Daddy is arguably the most well-known domain registrar and web hosting company outside of the hosting industry, as its wide-reaching marketing campaigns anchored by flashy Superbowl commercials and spokeswomen including race-car driver Danica Patrick and personal trainer Jillian Michaels of Biggest Loser fame.

Recently, reports surfaced that say Go Daddy is set to launch its cloud web hosting service in July or August. This move could noticeably increase its customer base even more as consumers look for ways to release first class cloud computing infrastructures for their small businesses.

If this deal went through, it should be the largest acquisition of a web hosting provider and domain registrar.

GoDaddy web hosting company hosts over 46 million domain names under management, which is more than any other registrar by far. So, GoDaddy is a largest domain providers in the world. GoDaddy web hosting and domain registrar company was founded in 1997 and is headquartered in Scottsdale, Arizona, US.

GoDaddy Web Hosting Experienced Outage Due To Software Update

One of the biggest web hosting providers and domain registrars Go Daddy experienced an outage on its website Monday after software update. According to a report, Go Daddy did software update and for some reason it went wrong. As result it cause noticeable website downtime.

GoDaddy Web Hosting Experienced Outage Due To Software Update
GoDaddy Web Hosting Experienced Outage Due To Software Update

Greatresponder.com – 2011-06-15 – One of the biggest web hosting providers and domain registrars Go Daddy experienced an outage on its website Monday after software update. According to a report, Go Daddy did software update and for some reason it went wrong. As result it cause noticeable website downtime.

This downtime comes a week after Go Daddy announced it now protects over than 500,000 web sites with its unique SSL certificates and other affordable security solution.

Turning back to this accident, Go Daddy’s home page was completely offline for approximately 3 hours on Monday evening though visitors were redirected to a mobile version of the site that was available and worked fine.

“We made some changes to our website, and those updates failed,” Neil Warner, chief information officer for Go Daddy said in a statement. “As a result, Go Daddy.com went down. No customer account information was compromised. This was not an attack on Go Daddy servers. We caused the issue, not someone else.”

The report says that the mobile version of Go Daddy website allowed users to continue to manage domain names, accounts and all transactions. So, despite the issue which happened due to software update, Go Daddy web hosting service continued to provide customers with minimal set of necessary functions to manage accounts, prolong domains and web hosting service. And that’s definitely good sign.

Go Daddy web hosting providers and domain registrar apologized for the length of the outage, saying it was longer than it was expected.

“My team is investigating what went wrong with our site update process so we can avoid an issue like this in the future,” Warner stated.

Also few days ago, Go Daddy announced it was expanding its team at its Iowa primary customer service center by 300 employees.

Summarize on Go Daddy web hosting and domain registrar company:
Go Daddy – the world’s largest ICANN accredited registrar of domain names. Go Daddy group supports more than 34 million domain names in the major domain areas of the first level, including the COM, ORG, NET, BIZ, INFO.

Go Daddy Web Hosting Issued Over 500,000 SSL Certificates

Go Daddy one of the biggest domain registrar and Web hosting company that also sells SSL certificates and other products announced on Monday that it now protects over 500,000 websites with its branded SSL certificates.

Go Daddy Web Hosting Issued Over 500,000 SSL Certificates
Go Daddy Web Hosting Issued Over 500,000 SSL Certificates

Greatresponder.com – 2011-06-08 – Go Daddy one of the biggest domain registrar and Web hosting company that also sells SSL certificates and other products announced on Monday that it now protects over 500,000 websites with its branded SSL certificates.

 

According to the press release, Go Daddy was top SSL provider during May. During May Go Daddy company sold over branded SSL certificates 13,000.

Go Daddy provides various SSL certificates with different specs including digital seal. Additionally Go Daddy has serious advantage comparing to other SSL providers.

Go Daddy SSL certificates comes with unlimited server license. It means that companies can purchase a single certificate for their entire infrastructure. As result it could save some money.

All of Go Daddy’s SSL certificates provide visitors to a website visual assurance through the https prefix and padlock icon on a browser. EV SSL certificates also provide a green address bar.

Additionally it worth to note, that last week domain registry .CO Internet announced that Go Daddy had registered the one millionth .CO domain.

Commenting company achievement, Go Daddy CEO and Founder Bob Parsons said:
“While it is significant that Go Daddy has issued more than a half-million SSL certificates, there are still too many people being ‘taken to the cleaners’ by other providers who charge their ridiculously high prices. In this economy, businesses need to be looking for the best possible value. Think about it, Go Daddy customers receive an identical SSL product as competitors, but with outstanding customer service and for up to 15 times less the cost … now that can make a difference.”