(The Hosting News) – Top web host and domain registrar GoDaddy on Wednesday announced its purchase of online invoicing provider Ronan.
Financial terms of the deal were not made available in a press release from the company.
Despite the announcement being made just this month, the actual deal was finalized in April – a move that gave GoDaddy time to integrate Ronin’s invoicing tools into its bookkeeping services via “GoDaddy Online Bookkeeping.”
The transaction builds off a previous one initialized by GoDaddy last year in which the company purchased Outright.com, a tool that assists small businesses with expense tracking.
“One of our primary goals is to make the ‘business of business’ easy, and GoDaddy Online Bookkeeping does that by taking the headache out of knowing their numbers,” commented GoDaddy Senior VP of Business Apps Steven Aldrich via a press release.
He continued, “Our customers love our product – but they wanted us to provide invoicing capabilities. We knew Ronin provided an unparalleled experience, so we started discussions. It soon became clear – we needed the team at Ronin to be on our team and we needed to seamlessly integrate invoicing into our product. The end result is GoDaddy Online Bookkeeping.”
Go Daddy has been on a roll in terms of the acquisitions it’s been making. Other recent company purchases have include the likes of Afternic and Locu.