GoDaddy Acquires Mobile Website Creation And Management App M.dot
February 12, 2013
GoDaddy, the well-known Internet domain registrar and Web hosting company, has just acquired M.dot, the startup behind the iOS app of the same name.
Released in October last year, the M.dot app allows users to easily create and manage mobile-optimized websites, particularly websites for small businesses.
"We're excited to announce that M.dot is joining Go Daddy!" says the M.dot team on the startup's official website. "Go Daddy, as the largest domain and hosting provider in the world, has extensive experience in the small business sector, customer support, and marketing. With these additional resources and industry expertise added to our team, we will take mobile software for small business to the next level."
The formal announcement, though, was made by GoDaddy CEO Blake Irving yesterday at a ribbon-cutting ceremony for the new GoDaddy office located in Sunnyvale, California.
The financial terms of the acquisition haven't been officially disclosed. But TechCrunch believes that "the sale was in cash and stock and could be worth anywhere from $5 million to $25 million, likely to be around $15 million."
Optimized for iPhone and iPod touch running iOS 4.3 or later, M.dot is available in the App Store for free. It provides an easy-to-use interface for creating and managing mobile sites, based on preloaded templates and enhanced with integrated features.
Source: GoDaddy
Via: TechCrunch
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