j2 Global (NASDAQ:JCOM)
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6 Months : From Jun 2019 to Dec 2019
By Colin Kellaher
J2 Global Inc.'s (JCOM) Everyday Health Group unit on Tuesday said it acquired digital pregnancy and parenting resource BabyCenter from Johnson & Johnson (JNJ) for an undisclosed amount.
Everyday Health said BabyCenter has a global reach of more than 100 million people monthly, adding that 70% of new and expectant mothers use its various digital platforms in the U.S.
Johnson & Johnson acquired BabyCenter from struggling Internet retailer EToys Inc. in 2001 for about $10 million.
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(END) Dow Jones Newswires
August 27, 2019 07:37 ET (11:37 GMT)
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