Architonic ArchDaily takes over Designboom
The online community Architonic ArchDaily, which belongs to the NZZ media group, is taking over the online magazine Designboom. Both companies are merging in DAAily Platforms. However, their platforms retain their independent brand identity.
The ArchDaily online platform, founded in 2008, is geared towards the needs of architects and designers. Among other things, ArchDaily offers a database of innovative architectural programs and information on products and materials used by the industry. Around two years ago, ArchDaily merged with Architonic, which has been part of the NZZ Media Group since 2015. Launched in 2003, the platform offers a research tool for architects.
Architonic ArchDaily has now taken over the international online magazine Designboom, the NZZ media group informed in a statement . "Our companies are international market leaders and, thanks to the selective selection of their content, enjoy a high level of credibility in the industry," Stephan Bachmann is quoted as saying in the press release. According to the Architonic ArchDaily CEO, the three platforms "each cover specific interests in product, project and news content". Together they counted more than 270 million visits a year.
Even after the transaction, Architonic, ArchDaily and Designboom are to continue their independent branding. Legally, the companies Architonic ArchDaily and Designboom will be merged into the organization DAAily Platforms. The parties involved have agreed not to disclose the purchase price for the takeover.