GoDaddy Snaps Up Aussie Web Design Marketplace Elto

Domain registration company GoDaddy has acquired Elto, an Australian web design marketplace based in San Francisco, for an undisclosed amount.

The acquisition is part of the company’s move to expand its customer offerings and resources for start-ups and small businesses.

GoDaddy has recently raised $605 million after listing on the New York Stock Exchange. Elto, which connects […]

Major Tech Companies Continue to Acquire Non-Growth Technologies

The market for mergers and acquisitions around the world is said to have been declining, with last year’s deals that only amounted to $US3.5 trillion. The said value of the deals has not even exceeded 2007’s all-time high achievement, Thomson Reuters data say.

But despite of what the recent data showed, the obvious strength of technology […]

TPG Telecom to Acquire iiNet to Reach the 2nd Spot in Internet Service

iiNet is set to be taken over by TPG Telecom for $1.4 billion, a move that would uplift the internet service company head to head against Telstra. The announcement came on Friday as TPG Telecom plans to acquire Perth-based iiNet for $8.60 a share.

The acquisition is seen to provide a fixed number of internet subscribers […]

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