![Ancestry.com Acquired in a $1.6 Billion Deal [REPORT]](https://helios-i.mashable.com/imagery/archives/05mJmzkljmECDb7m5zqCjqG/hero-image.fill.size_1248x702.v1647021546.jpg)
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Ancestry.com is a profitable company which operates a network of genealogical and historical record websites in the U.S. and abroad, including Genealogy.com, MyFamily.com, ProGenealogists, and Rootsweb.com.
The company has had over 2,000,000 paying subscribers as of June 2012; it expects a 2012 revenue of $473.0 to $480.0 million.
Recently, Ancestry.com has had a couple of acquisitions of its own, having acquired Archives.com in August and 1000memories in October 2012.
The buyout group also includes Ancestry.com's CEO Tim Sullivan, CFO Howard Hochhauser and Spectrum Equity, a previous investor which owns about 30% of Ancestry.com.