REDWOOD CITY, Calif. April 25, 2012 $100 million
Matthew Monahan Joe Godfrey
Once the acquisition is completed, Ancestry.com will continue to operate and develop Archives.com using the existing Archives.com brand and website. Most of the Archives.com team, including key personnel in leadership, engineering, design, marketing, and business development, will transition to Ancestry.com.
April 2nd 1940census.archives.gov
"The 1940 census release was an extraordinary event for both Archives.com and family history in general," said Inflection Executive VP of Business and Corporate Development John Spottiswood. "It spawned a new level of mainstream awareness about family history, and we’re excited that this momentum will only grow as Archives.com joins the Ancestry family."
The sale proceeds will further enhance Inflection’s existing product line and accelerate the development of a soon-to-be-announced major new product offering in the online identity space.
Julie Hill [email protected]