GoDaddy Gets Cloudy with Media Temple Buy
October 16, 2013
Grazed from TalkinCloud. Author: Chris Talbot.
It’s been more than two years since GoDaddy took its first baby steps into the cloud computing world. The popular web hosting provider launched an IaaS and cloud hosting offering June 2011. Since then, the company has been slowly building out its customer base. Now GoDaddy has taken another big step through the acquisition of web hosting and cloud services provider (mt) Media Temple.
Its newly acquired company, which goes by (mt) in all of its corporate messaging, isn’t a huge name in cloud, but it does have its niche—specifically in the creative realm, serving digital designers, developers, entrepreneurs and innovators. That’s a bit of a departure for GoDaddy, which has a much more horizontal audience, although it does primarily aim to serve small businesses…
When Talkin’ Cloud reported on GoDaddy’s entrance into the IaaS space, we suggested GoDaddy could build a competitive IaaS offering to give Amazon (AMZN) Web Services and Rackspace (RAX) a run for their money, but it doesn’t look like the company has built much of a cloud empire. Instead, it’s still known for its reasonably-priced web hosting packages…
Read more from the source @ http://talkincloud.com/cloud-computing-mergers-and-acquisitions/godaddy-gets-cloudy-mt-media-temple-buy