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GoDaddy to buy FreedomVoice for up to $47M

May 17, 2016 7:05 PM ETGoDaddy Inc. (GDDY) StockBy: Jason Aycock, SA News Editor
  • GoDaddy (NYSE:GDDY -4.1%) has agreed to buy small-business-focused software maker FreedomVoice, for $42M in cash and up to $5M in milestone payments.
  • FreedomVoice has a product suite designed for small-business communication, including cloud-based phone services and enterprise-grade voice over IP.
  • The company's CEO, Eric Thomas, will become Telephony Revenue and Integration Officer at GoDaddy.
  • Meanwhile, GoDaddy's new Telephony business unit will be led by Intuit veteran Barry Saik.
  • Now read Short GoDaddy: Sohn Investment Idea Contest Entry »

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