New Investments in Ancestry.com to Boost DNA Business | GenomeWeb

NEW YORK (GenomeWeb) – New investments in online family history company Ancestry.com should fuel further expansion of its growing AncestryDNA consumer genomics business.

Ancestry.com announced the investments, the amount of which was undisclosed, last week. Under the terms of the deal, Menlo Park, California-based Silver Lake and Singaporean technology investment firm GIC acquired substantial equity stakes in Provo, Utah-based Ancestry.com, bringing the company's total valuation to $2.6 billion, they said.

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