GoDaddy acquires (mt) Media Temple, its 6th co. in 15 mo.
GoDaddy, the world’s largest domain name Web hosting and new SSL certificate provider, announced today the acquisition of (mt) Media Temple, a Los Angeles-based Web hosting and cloud services company focused on the creative class of digital designers, developers, entrepreneurs and innovators.
The two companies will continue to operate separately, which was a critical part for CEO/co-founder of (mt) Demian Sellfors, who engineered the company’s years-long strategy resulting in today’s acquisition. “Blake’s vision to transform GoDaddy and build bridges into the creative community was very attractive to me. The commitment to maintain Media Temple’s autonomy was equally imperative,” said Sellfors. “I know Media Temple is heading in the right direction as the company looks to expand its brand and help more people around the world.”
The acquisition provides GoDaddy with direct access to Media Temple’s hosting experts, who will share knowledge and insight on how GoDaddy can better serve Web professionals and developers. GoDaddy provides scale and investment for (mt) to accelerate its growth and further expand internationally.
“The people at Media Temple ‘get’ Web pros and developers … that alone is a tremendous asset for us,” said GoDaddy CEO Blake Irving. “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.”
(mt) was founded in 1998 and serves more than 125,000 customers. They also host more than 1.5 million websites featuring everything from the latest Internet start-ups, to the most internationally-recognized brands, such as Sony, Nordstrom, The Wall Street Journal, Starbucks, IBM and Volkswagen.
Media Temple will be the 6th acquisition in 15 months, including Outright, M.dot, Locu, Afternic, and Ronin. Read about those acquisitions here at AZTB. Each acquisition has a clear strategy to not only help the small business owners thrive, but make their daily tasks easier and more manageable.
Financial terms of the Media Temple acquisition were not disclosed.
Want more GoDaddy, watch our exclusive LIVE interview with CEO Blake Irving discussing their generic Top-Level Domain rollout.
Watch the GoDaddy “It’s Go Time” hilarious commercial with Jean-Claude Van Damme here on AZTB.