MM Activ to acquire CyberMedia's media property 'BioSpectrum'

BANGALORE, INDIA: Cyber Media (India) Ltd and MM Activ Sci-Tech Communications Pvt Ltd have announced that they have entered into an Agreement for acquisition by MM Activ, the publishing rights, title and

interest in and to the brand and business of CyberMedia's media property "BioSpectrum".

BioSpectrum is India's first monthly comprehensive Biotech business magazine that covers the entire happenings in the areas of Bio Pharma, Bio Agriculture, Bio Informatics, Bio Industrial, Bio Suppliers and Bio Services.

BioSpectrum has columns by India's top policy makers, biotechnology professionals, scientists and NGOs and showcases the emerging Indian entrepreneurship in biotechnology.

Jagdish Patankar, managing director of MM Activ, commented: "BioSpectrum is a well recognised and acclaimed brand in the biotechnology sector. With our current presence in events in life sciences, agriculture and food and nutrition, this acquisition will help us provide a wider offering to our customers."

Pradeep Gupta, chairman and MD of CyberMedia, said, "The deal was part of the re-alignment at CyberMedia to focus on its core areas."