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Media Tech SPAC acquires Drylab for 'good management, innovative tech and global ambition'

Media Tech SPAC acquires Drylab for 'good management, innovative tech and global ambition'

Media Tech SPAC PLC chief executive officer John Mahtani caught up with Proactive London after the company agreed to acquire 100% of Drylab.

Mahtani says Drylab is a leading film and TV production SaaS platform in Scandinavia.

Once all officially completed, the combined businesses will be renamed Drylab Media Tech plc (www.drylab.io) to reflect the two businesses' strengths.

He says the company suits the firm's three-point criteria for a merger, namely "good management, innovative technology and scope to take the business globally".

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