Former Cygnus President Starts New Company
Reiff has acquired the RNP Division of Reed Business Information, which he will use as the launch pad for his Rockaway, New Jersey-based company. He has partnered with George Fox, who left Cygnus with Reiff in May and will come on board as the new company’s president. Fox also has worked for Reed. The acquisition and the launch of Advantage were both managed by New York City-based Catalyst Investors.
The purchase includes a number of publications and Web sites in the science, electronics, communications and manufacturing markets including: Bioscience Technology, Chem.info, Drug Discovery & Development, ECN, EITD, Food Manufacturing, Genomics & Proteomics, Industrial Maintenance & Plant Operation, Laboratory Equipment, Manufacturing.net, Medical Design Technology, Pharmaceutical Processing, Product Design & Development, Prdocution Technology News, R&D Reaserch & Development, ReedLink, Scientific Computing, Surgical Products, and Wireless Design & Development.
"We are extremely excited about our new venture," Reiff said in a statement. "Coming with the business are over 200 employees most of whom have been with the company for many years bringing stability as we convert this business from a division of a large company to a stand-alone company."