Nothing gets the rumor mill a-churnin’ like the top PC supplier around announcing that it’s selling off its PC business. Ever since HP made the earth-shaking declaration that it was looking to spin off or sell the Personal Systems Group – i.e., the PC division – portion of its business, the web’s been wondering: who would buy it? Yesterday, DigiTimes reported that Samsung was outsourcing its notebook line to free up factory space in advance of buying HP’s PC branch. Not so fast, Samsung retorted.
Competition in the hard drive sector has done wonders for consumer pricing, but it’s about to take a toll on another supplier. According to Reuters Samsung is looking to exit the spinning disk sector by selling off the losing division as soon as possible. Sources quoted by the newspaper claim they are hoping to rake in as much as $1.5 billion from the sale, but might be willing to entertain bids as low as $1 billion if necessary.
The popular domain name registry GoDaddy.com is reportedly up for sale via an auction format, The Wall Street Journal reports. If you're interested, you better liquidate that Lamborghini and sell your Microsoft stock, because the domain is expected to command at least $1 billion.
GoDaddy ranks as the world's largest domain name registrar and currently manages more than 43 million domains. The registrar also sells e-commerce, security, and other online services to people and businesses. All told, the company pulled in revenue between $750 million and $800 million in 2009.
The Scottsdale, Arizona company is owned by founder Bob Parsons, who helped bring the registrar to prominence through a series of sexy ads featuring the GoDaddy Girls, one of which is race car driver Danica Patrick.