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UBM India shuts down its tech media publications: Light Reading, Information Week and others

United Business Media* (UBM) in India has shut down all of its technology publications and is probably looking to exit the media business, three senior executives who were with the company confirmed to MediaNama. In India, UBM operated Light Reading India, CRN, InformationWeek, EDN India and TechOnlineIndia. Anees Ahmed, publisher and group director at UBM India, when contacted said "that they are revamping the business" but did not elaborate on the same.  An SMS to Ahmed asking for a confirmation of specifics mentioned in this report remained unanswered at the time of publication.When MediaNama contacted UBM's board line in Mumbai, they said they would be unable to comment on developments at present. MediaNama also called UBM's Bangalore office, and the person who picked up said that there is no one working on the editorial side there. A senior editorial executive, previously with the company, said on condition of anonymity "They have plans of exiting the media business but they will still retain their exhibition business. Globally, beginning from 2013, UBM has begun divesting its stake in the media business and they are looking to sell publications or shutting them down." He added that there are a number of executives who have left the company who are still awaiting their full and final settlement. The publications officially closed shop on January 15. A look at Light Reading India shows that there have been no new posts following January 14 and most of the posts in January do not carry a byline. TechOnlineIndia's last post…

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