Godaddy Bought Host Europe Group for 1.69 Billion Euros
According to Fortune news, Godaddy will buy Host Europe Group for 1.69 billion euros , including debts. HEG , whose customer base is similar to GoDaddy’s, is one of Europe’s largest independent web hosting firms, and operates brands such as 123Reg, Domain Factory, Heart Internet and Host Europe. HEG is currently owned by European private equity firm Cinven Ltd, which acquired the business in August 2013 for 438 million pounds. In 2013, Godaddy bought MediaTemple , Godaddy is expending its web hosting and domain registration service very fast.