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Permira Agrees to Buy Ancestry.com for About $1.6 Billion

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    #2
    Coolnabacky1873
    Registered Users Posts: 556 ✭✭✭Coolnabacky1873


    It will be interesting to see if this leads to any long term strategic changes, such as the countries they digitize content from.


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    #3
    Waitsian
    Registered Users Posts: 1,708 ✭✭✭Waitsian


    Coolnabacky1873 wrote: »
    It will be interesting to see if this leads to any long term strategic changes, such as the countries they digitize content from.

    Some snippets from the article:

    "Forgoing the constraints of being a publicly traded company could give Ancestry.com more leeway to invest in expansion, such as Europe."

    "As well as expansion in Europe, the company sees opportunities to continue investing in research for DNA testing."

    So it's looking like greater investment in records this side of the Atlantic, and the burgeoning DNA sector. I would guess it's highly likely they'll be interested in digitizing the many Irish records still not done. North Americans make up their main customer base, and we all know the size of the Irish demographic over there.


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