Ancestry to Announce First Quarter 2016 Financial Results

PROVO, Utah, April 06, 2016 (GLOBE NEWSWIRE) -- LLC, the leader in family history and consumer genomics, will release financial results for its first quarter 2016 on Wednesday, April 20, 2016, after the market closes. Following the release, the Company will host a conference call at 3:00 p.m. MT (5:00 p.m. ET).

Silver Lake to invest in sources

Private equity firm Silver Lake Partners has agreed to acquire a minority stake in in a deal that values the privately held genealogy website at $2.6 billion, including debt, people familiar with the matter said on Friday.

The investment represents a bet that Ancestry's fast-growing DNA business will continue to expand. Ancestry sold 1 million genomics kits last year, a 93 percent increase from the prior year, as people keen to discover their roots sent in saliva samples.

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RootsTech 2016

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