GoDaddy, a domain registrar and website hosting company, has announced that it has acquired Los Angeles-based web-hosting company (mt) Media Temple as an attempt to accelerate web pro-expertise. The financial details of the deal have not been disclosed, as per the company after the acquisition both the companies will continue to operate independently.
This is GoDaddy’s sixth acquisition in 15 months, previously it had acquired Outright, M.dot, Locu, Afternic and Ronin.
Founded in 1998, Media Temple serves more than 125,000 customers across 100 countries and hosts more than 1.5 Mn websites featuring start-ups like Fifty Three, Drop Stop and LRG and internationally recognized brands, like Sony, Nordstrom, The Wall Street Journal, Starbucks, IBM and Volkswagen.
Media Temple specializes in providing premium hosting services with their innovative Grid and developer VPS hosting, as well as a variety of cloud services and a highly technical customer service.
Blake Irving, CEO, GODaddy, said “The people at Media Temple ‘get’ Web pros and developers…that alone is a tremendous asset for us.” He also stated that (mt) will also help them reach out to a more technical audience than GoDaddy has served historically.
With the acquisition, GoDaddy will get direct access to Media Temple’s hosting gurus, who will share knowledge and insight on how GoDaddy can better serve Web professionals and developers. Whereas for (mt), GoDaddy will provide scale and investment for (mt) to accelerate its growth and further expand internationally.
(mt) employs 225 people and post acquisition they will continue to operate out of its Los Angeles office and as stated by the company customers can expect a ‘business as usual’ approach.
GoDaddy is one of the world’s largest domain name, web hosting and new SSL provider, focused on helping small businesses providing dozens of cloud-based services. It currently serves more than 12 Mn paying customers and employs nearly 4,000 people.Category Internet Investments News Technology