Friday, December 13, 2024

GoDaddy: Acquires Poynt

  • GoDaddy empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online
  • Acquires Poynt, Expands Commerce Services with Offline Sales and Integrated Payments
  • GoDaddy pay $320 million in cash at closing and $45 million in deferred cash payments subject to certain performance
  • The transaction expected to close in the first quarter of 2021, subject to the satisfaction of regulatory approvals
  • Poynt accelerates strategy to provide a complete suite of commerce and payment services to address this critical customer need
  • Poynt spent the past seven years building the most advanced connected commerce platform on the market

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