Cyber Media acquires California-based TDA Group

Cyber Media (India) Limited has informed that the Company has acquired substantially all the assets of TDA Group Inc., a California-based integrated marketing communications and custom publishing company, in a strategic move to expand the services business of the company for an undisclosed amount.

TDA Group Inc., with a strong track record of over 20 years, provides a wide range of value added services. These services include marketing consulting, content development, web and graphic design. The Group had posted revenues exceeding USD 5 million in the year ending December 2007.

Gurgaon-headquartered, Cyber Media (India) Limited, through its subsidiaries, operates as a specialty media house with publications in the Infotech, telecom, consumer electronics, and biotech areas. This is Cyber Media`s second acquisition in the US in the last 16 months. The company had acquired Illinois-based Publication Services in December 2006.

The company has registered 15% decrease in net profit at Rs 1.88 crore for the quarter ended September 2007. The company sales were also down by 4% to Rs 16.99 crore.

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