Gen Digital Submits Preliminary Offer to Acquire GoDaddy in Software Mega-Deal

Key Facts

1Gen Digital has submitted a preliminary offer to acquire GoDaddy in a potential mega-deal within the software sector.

2The acquisition aims to access GoDaddy's customer base of 20 million small businesses and 81 million managed website domains.

Gen Digital has submitted a preliminary offer to acquire GoDaddy in a potential mega-deal within the software sector. KTAR News 92.3 FM reported that the acquisition aims to access GoDaddy's customer base of 20 million small businesses and its management of 81 million website domains. Gen Digital, the parent company of Norton and Avast, seeks to combine its cybersecurity portfolio with GoDaddy's massive infrastructure for domain management and web hosting.

GDDY closed at $97.21 on October 2, 2026, having reached a session high of $97.4 on that day. Meanwhile, GEN closed at $21.99 on October 2, 2026, trading between a low of $21.9 and a high of $22.88. The proposed transaction represents a strategic move to integrate Gen Digital's security services with the digital business tools provided by GoDaddy.