Philbert Shih on GoDaddy acquisition of Host Europe Group
Source: theWHIR.com
“The acquisition of Host Europe Group signals GoDaddy’s prioritization of growth in markets outside the US and gives it a solid foothold in two of Europe’s biggest markets: Germany and the U.K.,” Philbert Shih, managing director of Structure Research told The WHIR. “The SMB-focused hosting market continues to mature and with maturity comes the need to access new market opportunities. Extending geographical scope is one obvious way of doing this and GoDaddy has decided to try and accelerate that through M&A.”
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