A portion of the press release reads,
“Ancestry.com Inc. announced today it has entered into a definitive agreement to acquire iArchives, Inc. and its branded Web site, Footnote.com, a leading American History Web site, for approximately $27 million in a mix of Ancestry.com stock, cash and assumption of liabilities. This acquisition will provide the company with a complementary consumer brand, expanded content offerings, and enhanced digitization and image-viewing technologies.
iArchives digitizes and delivers high-quality images of American historical records of individuals involved in the Revolutionary War, Continental Congress, Civil War, and other U.S. historical events to Footnote.com subscribers interested in early American roots. iArchives has digitized more than 65 million original source documents to date through its proprietary digitization process for paper, microfilm and microfiche collections.”
To view the entire press release click here.
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Disclosure of Material Connection: I am happy to be an affiliate of ancestry.com. Some of the links in the post above are “affiliate links.” I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”