Ancestry.com buys Footnote.com parent

Ancestry.com Inc. said Thursday it agreed to buy iArchives Inc. and its American history website Footnote.com for $27 million in stock, cash and debt. According to an Ancestry.com press release, the acquisition will provide it with a complementary consumer brand, expanded content offerings and enhanced digitization and image-viewing technologies. Ancestry states that iArchives had digitized more than 65 million original source documents to date, especially as they regard the Revolutionary War, Continental Congress, Civil War and other U.S. historical events.