The Wall Street Journal is reporting that GoDaddy.com, has put itself up for sale in an auction that could fetch more than $1 billion according to the journal
Qatalyst Partners has been hired to shop The Go Daddy Group. Private-equity firms are expected to bid for the company, which currently has more than 43 million domains under management.
If anything $1 Billion seems a low figure for a business that has a greater than 50% market share off all new registrations, especially with all the new extensions coming.
Godaddy has been long rumored to be going public so this is a pretty interesting and surprising turn.