CyberMedia India has acquired all the assets of California-based TDA Group Inc for an undisclosed amount.
Pradeep Gupta, chairman, CyberMedia, said: "We are very pleased to bring TDA Group into the CyberMedia business portfolio. It is a strategic move in growing our content-based services business rapidly. TDA is an outstanding business with excellent clients and people."
According to a release issued by CyberMedia to the BSE today, TDA Group Inc, with a strong track record of over 20 years, provides a wide range of value-added services including marketing consulting, content development, web and graphic design. The group posted revenue exceeding $5 million in the year ended December 2007.
"TDA fits very well with our domain expertise in technology, and expands the proven core competence of CyberMedia in content-related areas," Gupta added.
This is CyberMedia's second acquisition in the US within 16 months. CyberMedia had acquired Illinois-based Publication Services Inc in December 2006.
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Thursday, March 13, 2008
CyberMedia acquires US-based TDA Group
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