Here is the announcement from the Ancestry.com Blog:
"We are pleased to announce that Ancestry.com LLC has acquired Find A Grave, Inc., the leading online cemetery database.
"With over 100 million memorials and 75 million photos, Find A Grave has amassed an unparalleled collection of burial information. Over the past 18 years, it has grown to become an invaluable resource for genealogists, history buffs and cemetery preservationists. Find A Grave will become a wholly owned subsidiary of Ancestry.com, and will continue to be managed by its founder, Jim Tipton.
"Ancestry.com plans to bolster the resources dedicated to Find A Grave to launch a new mobile app, improve customer support, introduce an enhanced edit system for submitting updates to memorials, foreign-language support, and other site improvements."
For a more complete discussion of the acquisition and an analysis of Ancestry and others in the genealogy market, see: http://www.genealogyintime.com/news/ancestry-buys-find-a-grave-page2.html