Tech Company M&A Transactions
iArchives Acquisition
iArchives, operating out of Lindon, was purchased by Ancestry.com. Ancestry.com said the transaction price was $27 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/23/2010
Transaction Type
M&A
Amount
$27,000,000
M&A Terms
The consideration contains a mix of company stock, cash and assumption of iArchive liabilities.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
355 South 520 West 175
Lindon, UT 84042
USA
Lindon, UT 84042
USA
Phone
Website
Email Address
Overview
iArchives' vision is to be the world leader in transforming microfilm and other print content into searchable, digitized, online databases. To achieve that vision, iArchives is providing technology and a process that will substantially reduce the cost and time it takes to archive documents while enhancing the user's experience in exploring those documents.
Management Team
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We do our best to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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