Gen Digital, the parent company of Norton 360, is in preliminary discussions to acquire GoDaddy. Gen Digital was formed in 2022 from the merger of NortonLifeLock and Avast and had a market capitalization of .7 billion before the acquisition news. GoDaddy had a market cap of .2 billion. Following the announcement, Gen Digital's stock fell by 7%, reducing its market cap to .6 billion, while GoDaddy's stock rose by over 13%, increasing its market cap to .6 billion. Concerns about the impact of artificial intelligence on GoDaddy's business model have affected its stock performance, leading to speculation that other companies may consider acquiring GoDaddy, potentially resulting in the company transitioning to private ownership.