The following announcement was written by Ancestry.com:
PROVO, Utah, Aug. 17, 2012 -- Ancestry.com Inc. (Nasdaq:ACOM) today announced the completion of its acquisition of Archives.com, a leading family history website, for approximately $100 million in cash and assumed liabilities.
"Archives.com is a great addition to the Ancestry.com 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 Ancestry.com. "We are excited to increase our ability to help more individuals discover their family history."