August 22, 2012

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Article Inc. Completes Acquisition of

Press Release

August 22, 2012 Inc. (Nasdaq:ACOM) 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 more than 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.

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