GoDaddy Inc.

04/03/2024 | News release | Distributed by Public on 04/03/2024 11:16

GoDaddy Divests Heart Internet

GoDaddy closed a transaction to sell the assets and business of Heart Internet, including transferring the lease of the data center located in Leeds, United Kingdom on March 28. The buyer of Heart Internet is Your.Online.

GoDaddy acquired Heart Internet via the HEG acquisition in 2017 and it operated independently, specializing in serving reseller hosting providers in the UK.

At its recent Investor Day in March, GoDaddy reiterated its strategic rationalization of the hosting and security businesses with the goal of narrowing our investments to the consolidated GoDaddy software platform.

A group of employees associated with Heart Internet transitioned with the business at close and shortly thereafter. GoDaddy is grateful for their contributions to the GoDaddy business.

GoDaddy and Your.Online will cooperate to ensure a smooth transition for Heart Internet employees, customers and stakeholders.