GoDaddy acquires Media Temple, targets web pro and developers

ARIZONA, USA: GoDaddy, the web's largest platform for small businesses, has acquired (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. Financial terms of the Media Temple transaction were not disclosed.

The two companies will continue to operate independently. The strategic acquisition provides GoDaddy with direct access to Media Temple's hosting gurus, 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.

"While we gain Media Temple's insight, we also reach a more technical audience than GoDaddy has served historically. We understand there are vastly different needs on the customer continuum between a small business and a developer," said GoDaddy CEO Blake Irving.

(mt), as they are known, specializes in premium hosting services with their innovative Grid and developer VPS hosting, as well as a variety of cloud services and a highly technical, award-winning brand of customer service.

(mt) serves more than 125,000 customers and hosts more than 1.5 million websites featuring everything from the latest Internet start-ups, like Fifty Three, Drop Stop and LRG, to the most internationally-recognized brands, such as Sony, Nordstrom, The Wall Street Journal, Starbucks, IBM and Volkswagen.

GoDaddy has made six acquisitions in 15 months, including (mt), Outright, M.dot, Locu, Afternic and Ronin. Each of these companies was selected because of their expertise in helping small businesses and individuals looking to leverage the power of the Internet. GoDaddy now serves more than 12 million paying customers and employs nearly 4,000 people.

The company recently shifted its advertising approach, product-focus and user-experience to helpThe strategic acquisition provides GoDaddy with direct access to Media Temple's hosting small businesses succeed online.