The Bacardi 8yr Anejo takes the original silver, which is aged for 1-2 years, and gives it an additional 8 years in oak barrels (giving rise to the label). This is considered one of the premium end products of from Bacardi and considered an exceptional value for the money.
Bacardi Rum was founded in 1862 in Santiago, Cuba by Don Facundo Bacardi Masso. The brand became inextricably linked to Havana, the daiquiri, and the Cuba Libre (rum and coke) at the turn of the century and through the gilded age. The company was strong until the Communist takeover in 1962. The plant was relocated to Puerto Rico where it remains to this day as one of the largest rum producers on earth. Today, it has also acquired a number of spirits over recent years and today have sales in excess of $5 billion. While the original company was founded in Cuba it's totally absent from the Communist country today and headquartered in Bermuda.