J2 Global's Everyday Health Buys BabyCenter from Johnson & Johnson

Date : 08/27/2019 @ 11:52AM
Source : Dow Jones News
Stock : Johnson and Johnson (JNJ)
Quote : 141.38  0.04 (0.03%) @ 1:00AM
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Last $ 141.38 ◊ 0.00 (0.00%)

J2 Global's Everyday Health Buys BabyCenter from Johnson & Johnson

j2 Global (NASDAQ:JCOM)
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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.


Write to Colin Kellaher at colin.kellaher@wsj.com


(END) Dow Jones Newswires

August 27, 2019 07:37 ET (11:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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