StockNews.AI
GDDY
StockNews.AI
62 days

Entri and GoDaddy Announce Agreement to Streamline Domain Configuration for Businesses Worldwide

1. GoDaddy partners with Entri for DNS configuration integration. 2. The deal boosts reliability and scalability for domain management. 3. Lawsuit between GoDaddy and Entri has been amicably resolved. 4. Simplified domain configurations improve customer experience. 5. GoDaddy aims to empower entrepreneurs through enhanced tools.

3m saved
Insight
Article

FAQ

Why Bullish?

This partnership enhances GoDaddy’s position in the competitive domain management market, potentially driving revenue growth. Similar partnerships in the past, like those with Shopify, have positively influenced stock performance due to heightened service capabilities.

How important is it?

The announcement showcases GoDaddy's strategic growth initiatives, positively influencing investor sentiment. Given competitive pressures, every advantage in technology partnerships can significantly impact market evaluation.

Why Short Term?

Immediate benefits from increased customer acquisition and service efficiency, reflecting in Q1 or Q2 earnings. Historical data show partnerships lead to quicker revenue recognition within a few quarters.

Related Companies

LEESBURG, Va.--(BUSINESS WIRE)--Entri, the leader in automated domain setup solutions, today announced it has entered into a multi-year agreement with GoDaddy to integrate GoDaddy’s Domain Connect System into Entri Connect, bringing even faster, one-click DNS configuration to Entri customers and their end users. “Our mission has always been to remove the friction from launching online,” said Abe Storey, Chief Executive Officer of Entri. “By teaming up with GoDaddy, we’re giving businesses the most reliable, secure, and seamless way to configure their domains—so they can focus on building, not on setup.”By working closely with Entri, we can further simplify domain configurations and deliver a superior customer experience.Share Under the new partnership, Entri will integrate with GoDaddy’s Domain Connect platform, unlocking greater scalability and reliability for millions of future domain connections. "GoDaddy is committed to empowering customers through simple yet powerful domain management tools," said GoDaddy President, Partners Paul Bindel. "By working closely with Entri, we can further simplify domain configurations and deliver a superior customer experience." The partnership between Entri and GoDaddy also amicably resolves a lawsuit previously pending between the companies. All claims have been dismissed. About Entri Entri is the leading provider of domain APIs. Through its flagship product, Entri Connect, the company helps SaaS platforms, website builders, and developers deliver instant, error-proof DNS setup to their customers. Learn more at Entri.com About GoDaddy GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services and accept payments. Learn more at GoDaddy.com

Related News