Go Daddy Acquires Accounting Software Company Outright.com

Posted on Jul 18 2012 - 7:03pm by Editorial Staff

Go Daddy announced that it has acquired accounting software company Outright.com. Outright, founded in 2008, provides small business owners helps entrepreneurs manage their finances, giving them time to focus on growing their business. Here’s what Go Daddy CEO Warren Adelman had to say about the acquisition:

“This is a great fit for our customer base,” GoDaddy CEO Warren Adelman said in a press release.  ”Outright.com has built easy-to-use software that streamlines the work involved with running a start-up or small business … the taxes, income, profits, expenses and other financial data that can be an administrative distraction for business owners. As an entrepreneur, if you’re not worried about managing finances for hours every month, you can devote more time to building your business. We see this as an ideal extension for our suite of small business products, which are all geared toward helping businesses grow bigger.”

“We had a lot in common with Go Daddy from the start,” Curren said in the release. “We both prioritize customer support, value-rich technology and entrepreneurship.  We are both committed to helping small businesses grow. We believe the small business financial management market is ripe for innovation because it has historically been under-served and over-priced.”

(Image Source: Outright logo, Featured Image)

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