In March 1997, Folio was sold to Open Market for $45 million. Less than six months earlier, he had been president of Folio Corporation, whose digital technology Infobases was using. At the time, Brad Pelo was president and CEO of Infobases, and president of Western Standard. In July 1997, Allen and Taggart purchased Western Standard's interest in Ancestry, Inc. Western Standard Publishing's CEO was Joe Cannon, one of the principal owners of Geneva Steel. Founded in 1983 by John Sittner as a genealogy newsletter, Ancestry magazine had been launched in January 1994. On January 1, 1997, Infobases' parent company, Western Standard Publishing, purchased Ancestry, Inc., publisher of Ancestry magazine and genealogy books. Their first offering on CD was the LDS Collectors Edition, released in April 1995, selling for $299.95, which was offered in an on-line version in August 1995. magazine’s 500 fastest-growing companies. The first products were floppy disks and compact disks sold from the back seat of their car. Infobases chose to use the Folio infobase technology which Allen was familiar with as the basis for their products. Allen's brother Curt and his brother-in-law Brad Pelo had founded Folio Corporation, where Paul Allen had worked in 1988. In 1990, Paul Allen (not to be confused with Microsoft cofounder Paul Allen) and Dan Taggart, two Brigham Young University graduates, founded Infobases and began offering Latter-day Saints (LDS) publications on floppy disks. According to the company's latest annual report, Spectrum Equity Investors is a majority owner in the business. ) as well as Australia, Canada, and China. These include several countries in Europe (covered by Europe S.à r.l. Under its subsidiaries, operates foreign sites that provide access to services and records specific to other countries in the languages of those countries.
#SIERRA GENERATIONS FAMILY TREE WINDOWS 7 SOFTWARE#
Family Tree Maker software, developed and marketed by the company, is the largest selling genealogical software in the world.
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In addition to its flagship site, operates, , and, and owns, which provides images of historical records. In December 2010, the company provided access to more than 6 billion records and had 1.395 million paying subscribers. and nine foreign countries, develops and markets genealogical software, and offers a wide array of genealogical related services. The largest for-profit genealogy company in the world, it operates a network of genealogical and historical record websites focused on the U.S. Online services, genealogy, online publishing,Ī,, ,, , "Family Tree Maker" genealogy softwareĪ Inc., formerly The Generations Network, is a publicly traded Internet company ( NASDAQ: ACOM) based in Provo, Utah, USA.