There has been no coverage of this deal yet in the press, however this represents a major consolidation in the space, with the largest company acquiring the second largest. The combined network will have over a million paid subscribers and will be the dominant site for US genealogy.
Most of the premium genealogical data controlled by Ancestry and Genealogy.com consists of US records, but most genealogical research quickly leads outside of America, to Europe in particular. This is where the opportunity for other companies rests.
MyFamily.com, Inc. Acquires Genealogy.com