Pentamedia Acquires Media Dreams
Continuing its rapid growth, Chennai-based Pentamedia Graphics has acquired three additional India-based companies, including entertainment production house Media Dreams. Pentamedia purchased all three firms in a share swapping deal. Media Dreams produces television, theatre and Internet content and has recently expanded into post-production. The company boasts deals with Indian sci-fi writer Sujatha Rangaraja. In addition, Pentamedia has bought sports entertainment company, Krish Srikkanth Sports & Entertainment Pvt.