MyFamily.com, Inc. Names Ex-Kodak Gallery Executive Andrew Wait as Senior Vice President of Marketing | SYS-CON INDIA: "PROVO, Utah, March 27 /PRNewswire/ -- MyFamily.com, Inc., the leading network for connecting families on the Web, announced today the appointment of Andrew Wait as Senior Vice President of Marketing. Andrew was most recently Senior Director of Marketing, at Kodak Gallery (formerly known as Ofoto), an online photo printing and sharing network.
'I am pleased to welcome Andrew to MyFamily.com,' said Tim Sullivan, President and CEO of MyFamily.com, Inc. 'Andrew brings a strong management background and proven track record of success in marketing online products and related businesses. His creative vision and ability to execute innovative campaigns are a real asset in the constantly evolving world of marketing. I am confident that, in concert with the management team and employees at MyFamily.com, Andrew will make a very positive contribution to the future growth and success of this business.'"
Monday, October 26, 2009
Friday, October 23, 2009
Ancestry.com prices 7.4 million shares in IPO, expects to raise $100 million before allotments
Ancestry.com prices 7.4 million shares in IPO, expects to raise $100 million before allotments: "NEW YORK — Genealogy Web site Ancestry.com Inc. plans to sell about 7.4 million shares in an IPO to raise about $100 million.
The Provo, Utah-based company expects to price the shares between $12.50 and $14.50 apiece. Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to about $115 million.
About 45 percent of the shares will come from existing shareholders, the company said. Private equity firm Spectrum Equity Investors, through its affiliated funds, will own about 54.8 percent of the outstanding stock following the offering.
Ancestry.com plans to use net proceeds of about $48.4 million for general corporate purposes and to repay debt. The company said it may also use a portion to expand through acquisitions or investments in technologies."
The Provo, Utah-based company expects to price the shares between $12.50 and $14.50 apiece. Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to about $115 million.
About 45 percent of the shares will come from existing shareholders, the company said. Private equity firm Spectrum Equity Investors, through its affiliated funds, will own about 54.8 percent of the outstanding stock following the offering.
Ancestry.com plans to use net proceeds of about $48.4 million for general corporate purposes and to repay debt. The company said it may also use a portion to expand through acquisitions or investments in technologies."
Tuesday, October 20, 2009
Ancestry.com proposed initial public offering of shares of its common stock
Hercules Technology Growth Capital Announces Three Portfolio Companies That Reached Multi-Million Dollar Milestones | Reuters: "Ancestry.com In August 2009, Ancestry.com (www.ancestry.com) - formerly known as The Generations Network - an online resource for family history - announced that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. About Hercules Technology Growth Capital, Inc.: Hercules Technology Growth Capital, Inc. is a NASDAQ traded specialty finance company providing debt and equity growth capital to technology and life science companies at all stages of development."
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