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Scottsdale-based GoDaddy for sale

The Wall Street Journal is reporting that Scottsdale-based, a website that registers Internet domain names, is for sale.

According to WSJ, is on the auction block and could be worth more than $1 billion.

Elizabeth Driscoll, vice president of public  relations said in an e-mail Friday "GoDaddy does not comment on rumors." is a registrar of Internet domain names and is the flagship company in The Go Daddy Group, Inc. The company was founded in 1997 and has 10 million domains under management, according to its website.

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