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Paying $218 million for Neustar’s registry business — GoDaddy is

Paying $218 million for Neustar’s registry business — GoDaddy is

Firm discloses buyout price for Neustar business.

GoDaddy and Neustar logos

GoDaddy (NYSE: GDDY) unveiled its buyout price for Neustar along with GoDaddy’s first-quarter earnings today. It is paying $218 million for the business and expects the transaction to close “in the coming months.”

The domain name firm disclosed the buyout last month.

With Neustar, GoDaddy will now control both the wholesale and retail side of many domain names. Neustar operates .us, .co, and .biz, among other domain names.

Neustar is right now owned by a private equity consortium led by Golden Gate Capital, which scooped up the business in 2017. The registry business sale is a carveout of the marketing data, security, and intelligence firm.

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