The domain name management Web site could end up with a selling price as high as $1 billion, given its high revenue would appeal to private equity funds, the Journal reported Saturday.
The firm provides security services to other Web sites and has a data bank with 43 million registered domain names, which it manages for clients.
Sources said Go Daddy Group Inc. had hired Qatalyst Partners to manage the sale of the Internet giant that Parsons founded just 13 years ago.
Copyright 2010 United Press International, Inc. (UPI).
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