Tag Archives: ipo

United Internet Mulls IPO of Business Applications Arm, Acquires Polish Web Host

United Internet is looking at the possibility of an IPO for its Business Applications segment, which includes web hosting, aiming to launch the floatation in about two years, according to an announcement on Friday. The division is expected to reach sales of EUR 600 million in fiscal 2015. Continue reading

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Fresh Off IPO, GoDaddy Makes First Acquisition in San Francisco’s Elto

Thank goodness the GoDaddy (NYSE: GDDY) IPO is over it can get back to business. One of the obstacles to an IPO is that it does take a lot of time, and prohibits the company from making fairly large moves. Continue reading

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With IPO Priced Above Range, Web Host GoDaddy Raises $460 Million

In its New York Stock Exchange debut Wednesday, GoDaddy’s shares rose 31 percent to $26.15 at 10 am ET after the company sold 23 million shares for $20 each. The IPO has raised $460 million, which is significantly more than GoDaddy’s original aim to raise around $100 million, stated in the company’s S-1 filing in June 2014. Continue reading

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2014 Marks Humdrum Year for Hosting M&A, As-A-Service Sector to Drive Excitement in 2015

I believe the best way to summarize merger and acquisition in the web hosting space during 2014 would be: there were no trends, it was not a barn-burner year; it was a yawn. If there was a significant IPO, let me know; even insignificant. That’s not to say it was not interesting, but fast and furious – no. Continue reading

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GoDaddy Interviews Underwriters as it Prepares for IPO: WSJ

GoDaddy is in the process of selecting underwriters for its IPO, according to a report by the Wall Street Journal over the weekend, citing two anonymous sources familiar with the matter. Continue reading

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