SCOTTSDALE, Ariz., April 7, 2021 /PRNewswire/ -- GoDaddy Registry,
one of the world's largest domain registry providers, today
announced that it is acquiring the .club and .design domain
extensions, as well as 28 domain extensions (and certain other
business assets) owned and operated by Minds + Machines Group
Limited (MMX). GoDaddy Registry, wholly-owned subsidiary of GoDaddy
Inc (NYSE: GDDY), was also awarded the contracts to help
manage the generic domain extensions .basketball and .rugby,
as well as Ally Financial's branded .ally domain.
"GoDaddy Registry is committed to making more meaningful,
memorable domain extensions available to all registrars, so their
customers can find the perfect domain names for their business,
brand or big idea," said GoDaddy Registry Vice President and
General Manager, Nicolai Bezsonoff.
"All three acquisitions support our growth strategy in unique ways
by expanding our portfolio of generic, geo-targeted, and
vertically-focused top-level domains."
- .Club is one of the most popular generic domains, used every
day by hundreds of thousands of businesses, groups, clubs and
associations around the world. .Club is the ideal domain for the
social world we live in, bringing people and customers together to
share common interests and to build passionate communities online
and off.
- .Design is the premier domain extension for professional and
aspiring designers, from web and UX design, to interior design, to
other design disciplines. Already in use by many of the world's
leading design departments, brands and studios, .design is the
go-to domain of choice for the global design community.
- The MMX portfolio of 28 globally relevant, descriptive domain
extensions will ensure that anyone looking for that "just right"
domain name will find it. There are location-based domain names
customers can use to align themselves with major cities, like
.miami, .boston and .bayern; and there are versatile lifestyle,
business and niche-related domains -- like .vip, .fashion, .yoga
and .cooking -- that provide customers with meaningful, memorable
domain branding options.
Terms of the deals for .club and .design were not disclosed.
GoDaddy Registry is acquiring the relevant assets of MMX for
$120 million (subject to customary
adjustments). Completion of each of the acquisitions is subject to
the satisfaction or waiver of certain conditions precedent, and, in
the case of the MMX transaction, MMX shareholder approval and
consent of certain geographic and commercial partners and
licensors.
In addition to these acquisitions, GoDaddy Registry was recently
chosen by the ROAR leadership team to support the market launch of
.basketball and .rugby. Ally Financial, a leading digital
financial services company, also recently chose GoDaddy Registry to
support their branded Top Level Domain; .ally. GoDaddy
Registry is excited to partner with these new clients and to
support their success.
Upon close of the acquisitions, GoDaddy Registry will own,
manage or operate more than 240 top-level domain extensions, with
more than 14 million domain names under management.
For more information on GoDaddy Registry, please visit:
www.registry.godaddy
About GoDaddy Registry
GoDaddy Registry is one of the world's largest domain registry
providers. We operate top-level domains on behalf of sovereign
nations, city governments, global brands, and other domain
registries. With more than two decades of industry leadership
to draw on, we serve as the Registry Operator for industry-leading
TLDs like .co, .us, .biz and .nyc -- and manage the backend
registry technology for hundreds more.
Source: GoDaddy Inc.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/godaddy-registry-agrees-to-acquire-club-design-and-minds--machines-tlds-to-offer-more-choice-and-value-in-digital-name-options-301264501.html
SOURCE GoDaddy Inc.