GoDaddy Acquires Locu : stakes and opportunities.

Traditionally well known as one of the world's largest domain name provider, Web hosting provider and new SSL certificate provider, GoDaddy with this acquisition diversifies its activities and expands its portfolio of services.

In fact, since yesterday, GoDaddy has announced that it has entered into a definitive agreement to acquire Locu, a San Francisco-based
company that helps local merchants "get found" online.

The negotiations started in May 2013,  have found a good line. Henceforth, with the integration, service-oriented businesses can automatically create, manage and update their menu and service lists whether they’re using a smartphone or a desktop computer.

According to the terms of agreement nabbed by Connectikpeople, Locu will continue to operate out of its San Francisco and Cambridge, Mass., offices.

About GoDaddy

GoDaddy is the world's largest domain name provider, Web hosting provider and new SSL certificate provider, focused on helping small businesses grow larger. GoDaddy provides dozens of cloud-based services and is the largest worldwide mass-market hosting provider by annual revenue according to 451 Research (Mass-Market Hosting Report-Fall 2012) and is the #1 provider of net-new SSL certificates for 2012, according to the Netcraft, LTD Secure Server Survey. To learn more about the company, visit GoDaddy.com/PR.

About Locu

Locu helps local businesses be found. When businesses add their street address, phone number, hours of operation, and menus/service lists to Locu, Locu gets them on the map in front of over 200 million potential customers online. Instead of having to use multiple sites to manage their business listings and showcase their products and services, businesses can update just once with Locu, and Locu will publish changes in real-time to their web and mobile sites as well as to partner sites including Yelp, Foursquare, OpenTable, YP, TripAdvisor and Facebook.