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GoDaddy to interview banks in first step toward eventual IPO

Domain-name registration and website-hosting specialist GoDaddy Group Inc. is preparing to go public. The company plans to interview banks in the coming weeks as part of the first step toward an eventual IPO according to people familiar with the matter…

IBM to acquire cloud, hosting services provider SoftLayer

IBM has agreed to purchase cloud services provider SoftLayer Technologies Inc. following months of speculation that such a deal was in the works. Financial terms of the deal were not disclosed although rumors from just a few months ago pegged…