Godaddy made a $42 million acquisition

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domainking131

Forum Leader
Staff member
In GoDaddy’s most recent 10-Q quarterly report filing with the US Securities & Exchange Commission, the company reported a major acquisition and some other interesting business information.

On page 20 of the filing, GoDaddy stated, “In April 2016, we completed an immaterial acquisition for cash consideration of $42.0 million.”

George Kirikos speculated about the acquisition that was reported, since the filing made no mention of it by name:
"In April 2016, we completed an immaterial acquisition for cash consideration of $42.0 million." must be the Elite Domains deal by GoDaddy.


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