Feeds

Go Daddy flogs 50 MILLION domains

One bought every second

5 things you didn’t know about cloud backup

Go Daddy's installed base of domain name registrations has swollen to 50 million, dwarfing all of its closest competitors.

The 50 millionth name, dbakit.com, was registered by Indian punter Kranthi Kumar Kukkala over the weekend, according to the company.

Go Daddy's closest competitor is eNom, owned by publicly traded Demand Media, which recently reported that it had 11.9 million domains under management at the end of June.

The entire universe of internet domains amounted to 215 million names at the end of the second quarter, according to research published by VeriSign in August.

Go Daddy says that it registers, renews or transfers a domain name every second. Close to half of all new registrations pass through its store.

Since January 2010, Go Daddy has grown by 10 million domains, while the entire domain market has grown by 23 million, according to VeriSign numbers.

According to Domain Name Wire, when expired and transferred addresses are taken into account, Go Daddy has processed 225 million years worth of domain registrations since it started business over a decade ago.

The privately held company recently struck a deal, reportedly worth more than $2bn, to sell more than half of its shares to a group of private investors including KKR, Silver Lake and Technology Crossover Ventures.

The deal made former CEO and founder Bob Parsons a billionaire – he's ranked at number 293 on the Forbes 400 list of the richest Americans, tied with founders of Groupon and LinkedIn.

The deal also kick-started a wave of consolidation in the domain marketplace. Industry granddaddy Network Solutions was picked up by smaller rival Web.com for $561m last month and last week British stalwart Group NBT was take private in a £153m deal.

With ICANN set to massively liberalise the top-level domain market next year, many observers believe registrars are among the best-positioned to capitalise on the likely growth of the industry. ®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE accused of silencing customer gripes on social media pages
Hello. HELLO. Can EVERYTHING EVERYWHERE HEAR ME?!
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
Broadband slow and expensive? Blame Telstra says CloudFlare
Won't peer, will gouge for Internet transit
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?