Subscribe to this page now.

Ancestry.com to be sold for $1.6 billion

10/22, 7:47pm

Permira Advisers to buy family-history web service

Ancestry.com and Permira Advisers have reached an agreement in which European Equity firm Permira will purchase Ancestry.com for $1.6 billion. Permira will pay about $32 per share for Ancestry.com, nearly a 10 percent premium over the site's $29.18 closing price from Friday. Ancestry.com shares rose on the news, closing up 7.8 percent at $31.44 today.

more

Nokia may offload Vertu to equity group Permira for 200m

04/29, 10:00pm

Nokia eager to shed luxury badge

Nokia's plans to shed its Vertu brand have reportedly come closer after a leak [free reg. required]. Uncredited tips to the FT had one of Nokia's Finnish neighbors, private equity firm Permira, reportedly in talks to buy the luxury phone badge for about 200 million ($264.9 million). A competing equity group, EQT, had discussed the idea at one point but would have stalled.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    DoxieGo Portable Scanner

    Sometimes, people need to scan things, but having a computer at hand to do so isn't exactly feasible. Maybe it's the home of a relativ ...

    Dell AD211 Bluetooth speaker

    For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

    VisionTek 128GB USB Pocket SSD

    USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News