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

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    Kenu Airframe Plus

    Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

    Plantronics Rig Surround 7.1 headset

    Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

    Adesso Compagno X Bluetooth keyboard

    The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News