GoDaddy, the domain registrar and website hosting company, has acquired Ronin, an online invoicing application designed for small businesses, based in Mountain View, California. In a statement on its website, Ronin founder Lu Wang assures customers that nothing will change for the time being, noting,\u00a0"You can continue to access and use Ronin to track time and send invoices as you have been doing. You can expect an update by early January as to the future of the Ronin product." Ronin, while not quite as well known as invoicing industry leaders such as Freshbooks, has been on our radar for at least 3 years. \u00a0We covered it in our list of 50 small-business invoicing apps as early as 2010. \u00a0 It provides built-in time tracking, the ability to create estimates, and integration with PayPal and Authorize.net to allow clients to pay electronically. GoDaddy is wrapping Ronin invoicing in with the features of GoDaddy Bookkeeping, a cloud product that currently goes for under $10 per month. \u00a0 That product is the outgrowth of GoDaddy's acquisition of\u00a0Outright, also originally of Mountain View, in 2012. \u00a0Outright was designed as a bookkeeping application for small businesses and entrepreneurs who didn't want or need all the complexity of a full-blown accounting application, but wanted something simpler and streamlined. According to a statement by\u00a0GoDaddy Senior Vice President, Business Applications Steven Aldrich (formerly the CEO of Outright before it was acquired),\u00a0\u201cOne of our primary goals is to make the \u2018business of business\u2019 easy, and GoDaddy Online Bookkeeping does that by taking the headache out of knowing their numbers.\u201d Financial terms of the deal were not disclosed. This is one of those acquisitions that seems a natural. \u00a0It makes sense for GoDaddy, Ronin and, most importantly, small business customers. For customers it is convenient and easier to have a seamlessly integrated invoicing feature in a bookkeeping solution. \u00a0Invoicing and bookkeeping are closely aligned activities in a small business. For GoDaddy, it expands the functionality around managing finances that the GoDaddy Bookkeeping solution offers its customers today. For Ronin it's an advantage to have access to GoDaddy's huge base of 12 million customers. That gives Ronin a chance to be part of something much larger. And with access to GoDaddy's resources, Ronin can expand the services provided to its existing customers. GoDaddy is in the process of transforming the company into a small business services platform -- one that can serve the needs of small businesses beyond domain names and websites. \u00a0GoDaddy has been on the acquisition trail for the past year. \u00a0In addition to Ronin and Outright, it has also acquired M.dot, Locu and Afternic in the past 12 months. In 2011 GoDaddy was 65% bought out from founder Bob Parsons by equity firms\u00a0KKR Capstone, along with\u00a0Silver Lake Partners and Technology Crossover Ventures. GoDaddy is based in Scottsdale, \u00a0Arizona and has 4,000 employees.