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Mother of Go Daddy, a leading online registration agency, sells for $2.25 billion - News - Lubbock Avalanche Journal
SAN FRANCISCO - The mother of GoDaddy.com, one of the leading registrars for online domainnames, was Sold to a group of retail investors for $2.25 billion, a figure close to the deal, said The Associated Press. The Go Daddy Group Inc. sales to KKR, Silver Lake, and Technology Crossover Ventures are made as the business anticipates revenues in excess of $1.1 billion this year as increasing use of the Web has driven the development of additional Web sites and the "domains" needed to find them.
Daddy Go has promised the sales later Friday. An individual who was closely involved in the deal and asked to stay anonym because he was not entitled to talk in public said the AP the selling prices. According to a factheet published for publication, Go Daddy's sales have increased by more than 20 per cent in recent years.
Go Daddy Group Inc. was formed in 1997 by Bob Parsons, who remains Chief Executive Officer. Headquartered in Scottsdale, Ariz., the organization administers more than 48 million domains and markets other Internet-related technology.
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IDN, "IDNs are domainnames that contain signs used in the locale rendering of a language that is not spelled with the 26th letter of the base alphabet ""a-z"". IDNs may contain Roman alphabets with diacritic signs, as demanded by many Europeans, or may be composed of signs from non-Latin script such as Arabian or Mandarin.
Together with the European-Arabic numerals for domains, the base Roman numerals are referred to as "ASCII characters" (ASCII = American Standard Code for Information Interchange). They are also contained in the wider palette of ""Unicode characters"" that forms the foundation for idn. Under the " "hostname rule"", all domains of the types considered here are saved in the DNA only with the above mentioned character set, with the unique extension of the dash ""-"".
Therefore, the Unicode format of an IDN needs specific encryption before it can be typed into the DNA. Domainname is a set of ""labels"". ASCII format of an IDN tag is called ""A-Label"". A Unicode shape that a subscriber wants to be shown is called a "U-Label".
The name of a . domainname that contains only characters, numbers and dashes in characters and characters in characters is known as the ""LDH label"".