Friday, August 17, 2012 Inc. Completes Acquisition of

PROVO, Utah, Aug. 17, 2012 (GLOBE NEWSWIRE) -- Inc. (Nasdaq:ACOM) today announced the completion of its acquisition of, a leading family history website, for approximately $100 million in cash and assumed liabilities.

" is a great addition to the family. It is a fast-growing business that has expanded the addressable family history market through a simple and affordable approach," said Tim Sullivan, President and Chief Executive Officer of "We are excited to increase our ability to help more individuals discover their family history." was owned and operated by Inflection LLC, a Silicon Valley-based technology company. Since's launch in January 2010, the site has rapidly grown to more than 440,000 paying subscribers who pay approximately $39.95 a year. offers access to over 2.2 billion historical records, including birth records, obituaries, immigration and passenger lists, historical newspapers, as well as U.S. and U.K. Censuses. plans to operate separately, retaining its brand and website. Many Inflection employees, including key marketing, product and engineering executives, will join the team.

About Inc. (Nasdaq:ACOM) is the world's largest online family history resource, with approximately 2 million paying subscribers. More than 10 billion records have been added to the site in the past 15 years. Ancestry users have created more than 38 million family trees containing more than 4 billion profiles. In addition to its flagship site, offers several localized Web sites designed to empower people to discover, preserve and share their family history.

The, Inc. logo is available at

About is a leading family history website that makes discovering family history simple and affordable. is free to try for seven days, allowing anyone to explore the benefits of membership without risk or obligation. For more information and to start discovering your family history, please visit