GoDaddy buys Host Europe Group for $1.79 billion

GoDaddy buys Host Europe Group for $1.79 billion

GoDaddy buys Host Europe Group for $1.79 billion  , With more than 1.7 million clients and seven million area names under administration, HEG is among Europe’s greatest exclusive facilitating organizations and web specialist organizations. The arrangement is relied upon to close amid the second quarter of 2017.

HEG (Host Europe Group)  is the largest privately owned web services provider in Europe with some 1.7 million customers across brands such as 123Reg, Domain Factory, Heart Internet , Plusserver , server4you and Host Europe .

NEW YORK, NY - APRIL 01: The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering (IPO) on April 1, 2015 in New York City. GoDaddy, which manages about a fifth of the world's Internet domains will list on the New York Stock Exchange under the ticker "GDDY" and priced its IPO at $20 Tuesday night. (Photo by Spencer Platt/Getty Images)

The New York Stock Exchange , Photo: Richard B. Levine/Zuma Press

HEG is the biggest exclusive web administrations supplier in Europe, with 1.7 million clients. The move is a piece of bigger push by GoDaddy to grow universally. The organization has infiltrated 56 worldwide markets in the course of recent years, says GoDaddy CEO Blake Irving.

“By uniting with HEG, we quicken our venture into Europe with the conveyance of a more extensive scope of cloud-based items, based on a solitary worldwide innovation stage, and bolstered by unparalleled client care to help independent companies and website specialists succeed on the web,” said Irving in an announcement.

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