{"id":2062,"date":"2016-12-07T00:01:58","date_gmt":"2016-12-07T00:01:58","guid":{"rendered":"http:\/\/www.rsoftsolution.com\/blog\/godaddy-is-buying-rival-host-europe-group-for-1-8b-to-accelerate-its-international-expansion.html"},"modified":"2016-12-07T00:01:58","modified_gmt":"2016-12-07T00:01:58","slug":"godaddy-is-buying-rival-host-europe-group-for-1-8b-to-accelerate-its-international-expansion","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/godaddy-is-buying-rival-host-europe-group-for-1-8b-to-accelerate-its-international-expansion.html","title":{"rendered":"GoDaddy is buying rival Host Europe Group for $1.8B to accelerate its international expansion"},"content":{"rendered":"


\n<\/p>\n

GoDaddy is on a shopping spree. Yesterday we reported that the domain and hosting company had bought WP Curve<\/a>, a WordPress services\u00a0startup to expand its WordPress support team.<\/p>\n

And today the company has just announced a much bigger deal. GoDaddy has acquired<\/a> European rival Host Europe Group<\/a>\u00a0(HEG)\u00a0for $1.8 billion \u2014 including\u00a0\u20ac605 million paid to existing Host Europe shareholders, and\u00a0\u20ac1.08 billion in assumed debt.<\/p>\n

HEG has 1.7 million customers throughout Europe, with more than 7 million domains under management. For comparison, GoDaddy\u2019s most recently reported quarter ended with about 14.5 million customers and manages more than 63 million domains.<\/p>\n

While this acquisition will obviously speed GoDaddy\u2019s expansion\u00a0throughout\u00a0Europe, it\u2019s already been in the process of expanding internationally. Prior to the acquisition, the company recently registered its one millionth .UK domain in the UK, and says that 25 percent of Britain\u2019s domains are now registered through GoDaddy.<\/p>\n

As a whole, last quarter<\/a>\u00a0GoDaddy reported $129.2 million in international revenue, which was up 21 percent year-over-year.<\/p>\n

GoDaddy prides itself on generating revenue outside of traditional revenue streams like domain registration and hosting. This additional revenue mainly comes from \u201cpresence and business applications,\u201d which are additional services they offer to small businesses \u2014 think SEO optimization, online marketing and\u00a0even online bookkeeping.<\/p>\n

If GoDaddy starts to offer these additional services to\u00a0HEG\u2019s customer base, they may have a shot at expanding both their revenue and presence in Europe much faster than originally planned.<\/p>\n

<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/-kHbLPsGdL8\/<\/p>","protected":false},"excerpt":{"rendered":"

GoDaddy is on a shopping spree. Yesterday we reported that the domain and hosting company had bought WP Curve, a WordPress services\u00a0startup to expand its WordPress support team. And today <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-2062","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t