WSJ: GoDaddy For Sale, Could Fetch $1 Billion

[NEP]

GoDaddy.com, the Internet domain registration company known for its racy Super Bowl ads, is up for sale, according to a Wall Street Journal report.

The company could fetch as much as $1 billion, likely from a private equity firm, in an auction, the report said, citing “people familiar with the matter.”

Qatalyst Partners, the firm run by tech banker Frank Quattrone, is shoppint the company, which manages more than 43 million domains - and brings in a steady flow of cash from its subscription fees.

The sources told the WSJ that the privately-held company posted revenue between $750 million and $800 million in 2009.

Source: ZDNet

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