Ancestry.com, a global network with 20 billion family history records and the largest seller of home DNA testing kits, with an extensive database of DNA information, has been sold to Blackstone, one of the world’s biggest private equity investment firms. But there are lingering questions over the security of private genetic data and exactly what Blackstone plans to do with the company’s assets.
Further Reading
Blackstone to Acquire Ancestry®, Leading Online Family History Business, for $4.7 Billion
A Private Equity Firm Bought Ancestry, and Its Trove of DNA, for $4.7B
Blackstone’s $4.7B acquisition of Ancestry raises privacy questions