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GoDaddy buys web hosting and cloud services firm Media Temple

GoDaddy has acquired Media Temple, a Los Angeles-based Web hosting and cloud services company.

The webhosting company did not reveal financial details.

The two companies will continue to operate independently. GoDaddy will retain Media Temple brand and the team.

GoDaddy recently shifted its advertising approach, product-focus and user-experience to revolve around how GoDaddy helps small businesses succeed online.

The strategic acquisition enables GoDaddy to provide scale and investment for Media Temple to accelerate its growth and further expand internationally. GoDaddy will benefit as Media Temple team can share knowledge and insight on how GoDaddy can better serve Web professionals and developers.

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“While we gain Media Temple’s insight, we also reach a more technical audience than GoDaddy has served historically,” said GoDaddy CEO Blake Irving.

Media Temple specializes in premium hosting services with their Grid and developer VPS hosting. Founded in 1998, Media Temple 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 well known brands, such as Sony, Nordstrom, The Wall Street Journal, Starbucks, IBM and Volkswagen.

GoDaddy has made six acquisitions in 15 months, including Media Temple, Outright, M.dot, Locu, Afternic and Ronin.

editor@infotechlead.com

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