GoDaddy to Acquire Top-Level Domains (TLDs) from MMX For $120M

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Sienna Rowley
Sienna is an editor at Cloud Host News. She is an internet enthusiast, always eager to explore the latest trend in the tech space. In her free time, she is a modest family woman who loves traveling.

One of the biggest players of domain registry providers, GoDaddy Registry declared that it is going to acquire the .club and .designs domain extensions along with 28 other domain extensions owned and operated by Minds + Machines Group Limited. GoDaddy Registry, a subsidiary of GoDaddy to acquire Top-Level Domains from MMX for $120M.

$120M Invested for Acquiring TLDs from MMX

  • .Club is one of the widely famous generic domains that is utilized each day by thousands of businesses, clubs, groups, and associations across the globe. .Club is a perfect world that we reside, driving in people and clients collectively to share common interests and to organize and form inspiring communities online and off.
  • .Designs is a premier domain extension for experts and also for those who are enthusiastic about design, the web and UX design to interior design to other design disciplines. This domain is already in use by several globe’s prominent design departments, brands, and studios. .design is the type of domain upon which the global design community can absolutely go for.
  • The MMX’s portfolio of 28 domain extensions will give assurance that anyone searching for the right domain name will definitely receive it. There are location-based domain names clients can utilize to sync themselves with some major cities. For instance: .miami, .boston, and .bayern; and there are versatile lifestyle, business, and niche-related domains — like .vip, .fashion, .yoga, and .cooking — that offer clients with meaningful, remarkable domain branding alternatives.

Nicolai Bezsonoff, Vice President and General Manager at GoDaddy Registry stated that the GoDaddy Registry is committed in its plan to make more remarkable domain extensions available to all the registrars, so even if the clients can look for the ideal domain names for their businesses, brand or startup. By extending the portfolio of generic, geo-targeted, and vertically focused top-level domains, the company anticipates supporting its growth strategy.

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