The web hosting company GoDaddy has announced that it has acquired Neustar Inc’s registry business. The financial details of the agreement were not disclosed, and the deal will be closed in Q2 2020. The company expects to drive innovations with GoDaddy’s consumer insight into the domain name industry. With this move, it can focus on identity resolution offerings.
Besides, GoDaddy has allowed Neustar to operate on the trusted connections between people and companies – which are a significant part of the services and products given by the OneID, its proprietary platform. OneID will assist users in addressing business challenges and protecting from various cybersecurity threats.