GoDaddy paid $50 million for two latest domain portfolio acquisitions

domainking131

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Company picked up about 300,000 domain names for $50 million.

Last month GoDaddy (NYSE:GDDY) bought two domain name portfolios: Donuts’ portfolio of about 200,000 domains and a portfolio linked to Kevin Ham that had about 100,000 domain names.

The company disclosed in its latest 10-Q filing with the SEC that it paid $50 million combined for these domains:

In October 2017, we completed two domain portfolio acquisitions for aggregate cash consideration of $50.0 million, including $4.2 million payable upon expiration of the contractual holdback periods.

That comes out to about $167 per domain name.

The filing does not break down how much was paid for each portfolio, nor do I expect any future filings to contain this information.

Source
 

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