Genealogy.com, the producers of Family Tree Maker, have quietly
announced that the A&E Television Network has acquired the company. The
ownership change was effective on February 1. A&E formerly was an investor
in Genealogy.com, and now they apparently own most or possibly all of the
genealogy software company. Exact financial details have not been announced.
Two weeks after the new owners took over, the Genealogy.com Web
site still does not mention the acquisition. The Web site simply says
"Where We Are TodayIn
the fall of 1999, A&E Television Networks, Hearst New Media and Technology,
The Learning Company Division of Mattel, Inc., Thomas H. Lee Company, and Weston
Presidio Capital announced a joint partnership to back a brand-new companyGenealogy.com, LLC." However, on February 2 the company sent a brief letter
to its business partners announcing the change.
Genealogy.com has had a long and interesting history. Kenneth L.
Hess actually founded the Fremont, California, company in the early 1980s under
the corporate name of Banner Blue Software. The company did not produce
genealogy software at first. Instead, it produced an MS-DOS program to produce
corporate organization charts. The program was called Org Plus and became very
successful.
If you think about the typical org chart, you realize that it
resembles a descendants chart or a pedigree chart. Apparently, Banner Blue’s
customers had the same thought as many of them used Org Plus to create their
family tree charts. Banner Blue realized there was a market for software that
creates nice looking genealogy charts, so Family Tree Maker was born as an
MS-DOS product in 1989. It has since been updated numerous times.
In late 1994, Banner Blue acquired Automated Archives, Inc., a
major provider of genealogical data on CD-ROM. Automated Archives became a
division of Banner Blue although the Automated Archives offices remain in Provo,
Utah.
In May 1995, Broderbund Software, Inc. acquired Banner Blue
Software. Broderbund is a leading publisher of consumer software in many fields.
The company saw strength in adding genealogy software to its portfolio. The name
of Banner Blue disappeared from the product, to be replaced by Broderbund
Software.
In August of 1998, Broderbund Software, Inc. was purchased by
The Learning Company, Inc., headquartered in Cambridge, Massachusetts. The
Learning Company publishes some of the best-known education, reference, personal
productivity and family entertainment brands in the U.S. Nine months later, May
of 1999, The Learning Company was purchased by Mattel, Inc.
Only a few months after the Mattel purchase, the genealogy
software division was spun off into an independent company called Genealogy.com
with initial funding provided by A&E Television Networks, Hearst New Media
and Technology, The Learning Company Division of Mattel, Inc., Thomas H. Lee
Company, and Weston Presidio Capital. Now, after less than 18 months as an
independent company, Genealogy.com has been acquired by A&E Television
Networks, but it will apparently continue to operate under its own name as a
separate division.
Whew! I think we need a genealogy program to track the ancestry
of Genealogy.com! I hope the company finds financial success under its new
ownership.
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