(The Hosting News) – Top domain registrar Go Daddy on Tuesday announced its purchase of co-web host Media Temple – a transaction that’ll find Media Temple remaining an independent operator.
Financial terms of the deal were not disclosed by either company.
However, in a press release, Go Daddy emphasized that the benefit of the purchase would allow it to have “direct access to Media Temple’s hosting gurus, who will share knowledge and insight on how GoDaddy can better serve Web professionals and developers.”
“While we gain Media Temple’s insight, we also reach a more technical audience than GoDaddy has served historically. Having done our homework with a deep customer segmentation, we understand there are vastly different needs on the customer continuum between a small business and a developer. We love that (mt) pursues their business their own way and we’re committed to make sure that continues under the (mt) brand,” commented Go Daddy CEO Blake Irving via a press release.
Media Temple’s services include shared, VPS and enterprise hosting in addition to cloud, SSL and its own content delivery network (CDN). The company was first started in 1998 and currently employs 225 people.
The move marks just the latest acquisition for Go Daddy which has been on a purchase spree within the past year. Just earlier this month, the web host announced its acquisition of online invoicing company Ronan.