MyHeritage has signed agreements to acquire 90.91% of the share capital and 89.11% of the voting rights of France's Filae family history service through TreeHouse Junior Limited, a parent company in the MyHeritage group, the company announced Monday.
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This marks the 12th acquisition by MyHeritage.
Founded in 1994 and renamed Filae.com in 2016, Filae is dedicated to making genealogical research easier and more accessible through technology and exclusive collections of digitized and transcribed historical records from France.
Powered by proprietary technologies, MyHeritage is currently used by 90 million registered users worldwide and is available in 42 languages.
Following the acquisition, the exclusive historical record collections housed on Filae will be made accessible to MyHeritage users, while MyHeritage's resources and technologies will enable Filae to accelerate the digitization and indexing of additional historical record
"As we did when we acquired Geni.com eight years ago, our plan is to maintain Filae's independence and existing team, and strengthen it," said Gilad Japhet, founder and CEO of MyHeritage.
"We sought to accelerate our growth and recognized the incredible opportunity before us," said Toussaint Roze, founder and CEO of Filae. "MyHeritage has unparalleled experience, technological expertise, and an excellent reputation, and we are confident that by combining our respective strengths, Filae will experience strong growth that will enrich the family history resources for anyone of French descent."
