WSJ : GoDaddy Internet Registrar for Sale

Citing "people familiar with the matter," The Wall Street Journal is reporting that GoDaddy.com, the private company that registers Internet domain names, has put itself on the block and could fetch upward of $1 billion.

Private equity firms are likely to be among the bidders.

GoDaddy, which is owned by Bob Parsons and based in Scottsdale, Ariz., is the world's largest Internet Domain Name Registrar, managing more than 43 million domains.