MOUNTAIN VIEW, CA – April 1, 2016 – Google Inc. (NASDAQ: GOOG) announced today that the acquisition of Eastman’s Online Genealogy Newsletter (http://www.eogn.com) has closed, with Google acquiring eogn.com for an undisclosed 8-figure sum.
The acquisition will enable Google to supercharge the genealogy community by using the expanded publishing power of the company to reach more family history enthusiasts worldwide. Google will run Eastman’s Online Genealogy Newsletter as a separate business entity.
Dick Eastman, who founded Eastman’s Online Genealogy Newsletter‘s business and led the company through this acquisition, has stepped down as CEO although he will continue to work with Google to help ensure a smooth transition.
Pancho Goldstein O’Hara, who has overseen integration planning for the acquisition and previously served as President of Google’s Americas region, has become CEO of Eastman’s Online Genealogy Newsletter. Mr. O’Hara said, “I am pleased with this new assignment and I also look forward to researching my own multi-ethnic heritage.”
Larry Page, CEO of Google, said, “I’m happy to announce the deal has closed. Eastman’s Newsletter is a great asset to family historians worldwide, with a track record of over 20 years of news and innovation. It’s a great time to be in the genealogy business, and I’m confident that the team at the new version of Eastman’s Online Genealogy Newsletter will be creating the next generation of news and reviews that will improve lives for years to come.
Dick Eastman, CEO of Eastman’s Online Genealogy Newsletter, said: “I am delighted with the new marketplace available to the Newsletter. Google literally invented the entire Internet searching industry with the first-ever commercial search engine in 1998, only two years after the launch of the Newsletter. It is time that these two giants merged their publishing power and expertise. Having the newsletter featured on the home page at http://www.google.com should spread the genealogy news to a much larger audience than ever before. I also look forward to my retirement to a small, tropical island that I will not disclose.”
About Google Inc.
Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit http://www.google.com.
Comment by Dick Eastman:
I would like to add just a bit more information to long-time newsletter readers about today’s announcement that is not contained in the official press release above. Check your calendar. Yes, today is April 1st, also known as “April Fool’s Day.”