GoDaddy Buys SMB Discovery Platform Locu

By  |  August 20, 2013
 | 

Arizona-based web domain and eCommerce solution provider GoDaddy has acquired San Francisco-based local business discovery engine Locu, All Things D reported on August 19.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Two dozen Locu employees will join GoDaddy as part of the deal. The move bolsters GoDaddy’s eCommerce services by giving it access to Locu’s 30,000 network users.

    Sources close to the deal told the media outlet GoDaddy paid $70 million in cash and stock for Locu. For more on the agreement, click here.


    Recommended

    earnings-calls-CFO-economy

    Hot Mics and Hard Truths: Inside the Chaos of Earnings Season

    PNC Bank

    PNC Says Automation Added 30 Points of Operating Leverage Since 2022

    US Department of Education

    Department of Education Delays Involuntary Collections on Federal Student Loans

    crypto payments

    Global Crypto Card Payment Volume Reaches $1.5 Billion Per Month

    See More In: , ,