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- Portugal reports lockdown boom continued through the summer
- No ICANN meetings until 2021
- ZADNA hikes up the price of .za domains
- Floodgates, open! Trademark Clearinghouse now supports .com
- Radix premium renewals approach $1 million
- GoDaddy could lose control of .co this week
- ICANN ordered to freeze .hotel after “serious questions” about trade secrets “theft”
- CentralNic parking boosts revenue even as its registrars suffer
- ICANN will spend $51,000 on your broadband
- Verisign measures the industry’s lockdown bump
- ICANN apologizes to “arms dealer” claim security firm after email goes missing
- Amazon waves off demand for more government blocks
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- Verisign says its coronavirus fee waivers have saved businesses millions
- Industry growth driven by new gTLD(s) in Q1
- World’s youngest country launches its Nazi-risk TLD next week
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- CSC removes reference to “retiring” new gTLD domain after retiring new gTLD domain
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- Portugal ccTLD says growth better than expected during pandemic
- The .org deal may be dead and buried, but calls remain for PIR to lose its contract
- “Dangerous precedent” as ICANN rejects $1.13 billion .org buyout
- ICANN may scrap its $0.18 reg tax in coronavirus “solidarity”
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- ICANN meeting got “Zoombombed” with offensive material
- CentralNic does not expect big coronavirus impact as it posts almost-doubled revenue for 2019
- Verisign expects to sell fewer domains because of coronavirus
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- To show new focus on registry, Uniregistry dumps “registry” from its brand. Um…
- No ICANN tax relief for Chinese registrars
GoDaddy flips hosting business for $456 million
Kevin Murphy,
July 19, 2017, 16:41:58 (UTC),
Domain Registrars
GoDaddy has sold off its recently acquired PlusServer business for €397 million ($456 million).
The buyer is a private equity firm, BC Partners.
The registrar had taken control of the business when it spent $1.79 billion on Host Europe Group earlier this year, but had said from the start that the asset was for sale.
PlusServer sells hosting to larger companies, which have more demanding support needs that small-business-focused GoDaddy is accustomed to dealing with.
The unit was bringing in annual revenue approaching $100 million per year.
GoDaddy said it planned to put the proceeds of the flip towards paying off some loans.
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