GoDaddy Aquires Uniregistry
I was quite surprised to get an email today from Uniregistry announcing that
Looks like the market likes it because GDDY is up 5% today to $69.94 at the close.
According to DNJournal.com they aquired Frank Schilling's domain portfolio as well in what they considered a blockbuster acquistion.
They did predict that they expected to see much more consolidation in their annual State Of The Industry Cover Story so they certainly called that right.
Looks like it could be a very interesting year ahead as things shift and change.
I'm not a fan as I've really enjoyed Uniregistry and have always had good luck with their platform. I've moved almost everything away from GoDaddy after having a couple of annoying experiences with them. Sounds like Frank Schilling is pretty happy about things though..
One of the mantras we repeat around the Uniregistry office is that we dream about building a company of permanence and value". When I started speaking with GoDaddy, it became clear how passionate we both are about our customers and this industry. I realized the best way to fulfill our mantras and dreams was to join with GoDaddy.”
“I’m so proud of the team we’ve put together. It is incredibly rewarding to give them the opportunity to scale our solutions with GoDaddy's customers. The years ahead will truly be awesome!”
Frank Schilling, Founder, Uniregistry