Crain Communications Inc. has acquired GenomeWeb, an online news organization, for an undisclosed amount.
A story on Crain’s Cleveland Business states, “GenomeWeb’s editorial mission is to cover the scientific and economic ecosystem spurred by the advent of high-throughput genome sequencing. The brand operates the largest online newsroom focused on advanced molecular research tools to provide readers with exclusive news and in-depth analysis of this rapidly evolving market.
“‘We are excited to add GenomeWeb to our family of brands,’ said KC Crain, president and chief operating officer of Crain Communications. ‘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.’
“GenomeWeb was launched in 1997 and currently has a staff of 30 employees located in New York City. GenomeWeb’s leadership team includes Bernadette Toner, chief executive officer, and Greg Anderson, chief operating officer.”
Read more here. Crain operates business publications, including business weeklies in Detroit, Chicago, Cleveland and New York.