GO DADDY FOR SALE

The privately held internet registration company GoDaddy has put itself up for sale via an auction.  The sale may seeing bidding up to $1 billion US people familiar with the situation stated.

GoDaddy not only registers domain names, they also sell e-commerce, security and other services to people and businesses looking to manage their online presence.  GoDaddy posted estimated revenue of between $750 - $800 million in 2009.

GoDaddy is owned by it's founder and chief executive Bob Parsons.  The company was founded in 1997 and is known for it's edgy commercials featuring bikini clad "GoDaddy Girls" and Danica Patrick. [Wall Street Journal]