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September 06, 2019 09:58 AM

Crain Communications acquires online news organization GenomeWeb

Rubber & Plastics News Staff
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    DETROIT—Crain Communications Inc., the parent company of Rubber & Plastics News, has acquired GenomeWeb, an online news organization serving the global community of scientists, technology professionals and executives who use and develop the latest advanced tools in molecular biology research and molecular diagnostics.

    Crain said in a Sept. 6 news release that New York-based GenomeWeb's editorial mission is to cover the scientific and economic ecosystem spurred by the advent of high-throughput genome sequencing. The brand operates a large online newsroom focused on advanced molecular research tools in order to provide readers with exclusive news and in-depth analysis of this rapidly evolving market.

    The acquisition was finalized on Sept. 1.

    "We are excited to add GenomeWeb to our family of brands," KC Crain, president and chief operating officer of Crain Communications, said in a statement. "GenomeWeb's history and expertise in journalism, and their commitment to top-level reporting, makes it an attractive business and a perfect complement to our family of business-to-business brands."

    KC Crain  

    GenomeWeb, launched in 1997, has a staff of 30 employees located in New York, according to Crain. GenomeWeb's leadership team includes CEO Bernadette Toner and Chief Operating Officer Greg Anderson.

    "GenomeWeb is proud to be joining a company that has supported high-quality, independent business journalism for more than a century," Toner said in a statement. "We look forward to working with the Crain Communications team to serve our growing readership in the life science and health care markets."

    GenomeWeb will join Crain's portfolio of 23 brands, which includes Automotive News, Rubber & Plastics News, Tire Business, European Rubber Journal, Urethanes Technology International, Plastics News, Plastics News Europe and Plastics & Rubber World, among others.

    Detroit-based Crain Communications is a privately held media company that operates in 10 locations worldwide and employs 650.

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