NEW YORK — Ancestry said on Tuesday that it has signed an agreement to acquire French genealogy firm Geneanet.
According to Ancestry, Geneanet has over 4 million members and is available in 10 languages in more than 25 different countries. Following the close of the acquisition, Geneanet will operate as an independent subsidiary of Ancestry.
Additional terms of the deal were not disclosed.
"We are thrilled to welcome Geneanet to the Ancestry family and look forward to working together to grow our global community so that more people can easily discover, craft, and connect around their family story," Ancestry CEO Deb Liu said in a statement. "Ancestry is committed to continued investment in Geneanet’s free tree-building platform and the volunteer spirit of its community."
The planned acquisition of Geneanet comes about eight months after Lehi, Utah-based Ancestry shut down its health and lifestyle DNA test business to focus exclusively on the genetic genealogy market.