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In This List completes Adpay purchase


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Next in Tech | Episode 35: Multifactor authentication needs and hesitations completes Adpay purchase LLCcompleted its of Adpay Inc., acreator and operator of the obituary input network.

Financial terms of the deal, which was completed during the secondquarter, were not disclosed. submits obituaries to about3,000 newspapers in the U.S. from its network of funeral homes.

In May, Silver Lake Partners and GIC closed a dealwith LLC to buy substantial equity stakes from existing equity holdersat a value of about $2.6 billion. As a result, Silver Lake and GIC each now holdequal minority ownership positions in, while the Permira funds, SpectrumEquity and Ancestry management remain as meaningful equity investors.