CYBERMEDIA ACQUIRES TDA GROUP
MUMBAI, INDIA : CyberMedia, South Asia’s first and largest specialty media house, has announced that it has acquired substantially all the assets of California-based TDA Group Inc., integrated marketing communications, and custom publishing company, in a strategic move to expand the services business of the company.
Pradeep Gupta, Chairman of CyberMedia, said, “It is a strategic move in growing our content-based services business rapidly. TDA fits very well with our domain expertise in technology, and expands the proven core competence of CyberMedia in content-related areas.”
TDA Group Inc. provides a wide range of value-added services to an A-list of high-tech clients including several of the global leaders in the IT industry.
Services provided by TDA include marketing consulting, content development, web and graphic design.
The TDA Group posted revenues exceeding $ 5 million in the year ending December 2007.
The new subsidiary, TDA Group LLC, will move forward retaining and utilizing the skills and services of TDA’s staff, including ongoing participation in the business of founders Bob Tabke and Debbie Dawson to ensure continuity and maintain TDA’s client service excellence.
This is CyberMedia’s second acquisition in the US in the last 16 months. In December 2006, CyberMedia had acquired Illinois-based Publication Services, Inc.