How difficult is Russia as an investment destination for an international investor? Acclimation, at least, is not a problem, according to Intel Capital’s President Arvind Sodhani who celebrated the fund’s ten years of activity in Russia earlier this month. “I imagine Moscow as a city covered by 10 feet of snow, but every time I …
As Russian media sources air reports about VKontakte (VK.com), Russia’s largest social network, getting rid of its illegal music content, VK.com itself denies any widespread purges, mollifying user protests with a ‘business as usual’ sort of message. “VKontakte, facing the imminent adoption of Russia’s anti-piracy law, is busy removing its illegal music content – perhaps,” …
Russia pushes anti-piracy legislation; VKontakte’s laxity once again in the limelight Read More
The Russian government has named pharmaceutical and biomedical as priority sectors for innovation, and has set a fairly ambitious strategic goal of increasing the share of domestic medical equipment products in the Russian market to at least 40%. In these highly important fields, two new players have emerged recently in Russia, assisted by the global …
Russian innovators offer solutions for mobile medicine; Cisco backs hi-tech endeavors Read More
Moscow – NTT Communications Corporation (NTT Com) has announced that its wholly owned subsidiary NTT Com Russia will offer a wide range of data center services in Russia viaIXcellerate’s Moscow One carrier-neutral data center in Moscow, beginning with colocation services in May, this year. IXcellerate’s recently completed facility offers premium enterprise-class data center services in a …
NTT Communications to offer data center services in IXcellerate’s Moscow datacentre Read More
Moscow region entrepreneur Maxim Lagutin, 23, has come up with a powerful weapon against bureaucracy in Russia: his B-152 service independently processes and prepares companies’ personal data records of customers and staff for supervisory agencies. The service is offered for an annual fee of $250–1,600 and with an optional insurance policy. The service was named …
Moscow startup B-152 tackles personal data storage Read More
Russian search giant Yandex is getting ready to build a data center in neighboring Finland, its third such facility outside Russia. The project is slated to break ground in August on an 8-hectare parcel 60km north of Helsinki that Yandex purchased from the Mäntsälä municipality for 1.5 million euros, Tatyana Komarova of Yandex’s press service …
New Yandex Finnish data center to enjoy cool climate and trim costs Read More
Latvian telecoms operator Lattelecom’s new Tier III certified Dattum Data Center, scheduled to open in April in Riga, sits astride the “Baltic Highway” high speed, low latency data link between Moscow and Frankfurt and plans to offer cloud computing and big data services to customers in the East and West, according to Lattelecom CTO Uldis …
Lattelecom’s Tier III data center to sit astride Moscow to Frankfurt data highway Read More
The Pirate Party of Russia, a socio-political group campaigning for “commerce-free exchange of information on the Internet,” is launching a specialized web hosting service, Piratehost.net, just three weeks after the Russian Ministry of Justice refused to register it officially for bureaucratic reasons. In his blog, Party vice chairman Stanislav Shakirov called his group’s initiative an …
Last week Parallels announced that it secured an equity investment from Cisco to support joint go-to-market activities. The companies intend to strengthen collaboration towards accelerating customer adoption of Parallels cloud service delivery products with Cisco cloud and data center infrastructure solutions. The amount of the investment has not been disclosed, but Parallels press service confirmed to East-West Digital News …
During a US-Russia Bilateral Presidential Commission meeting held on October 30, foreign and Russian experts debated approaches that the participants thought would be beneficial for Russia to choose in its drive for innovation. Marchmont CEO Kendrick White took part as an American expert. He shares his impressions and his ideas on how to improve what seems …
Kendrick White on Russia’s modernization: “We cannot wait another twenty years” Read More
Moscow, Russia — IFC, a member of the World Bank Group, is making a $2.6 million (RUB 83 million) equity investment in datacenter operator IXcellerate to support the construction of a major data facility, expanding access to information technology infrastructure for businesses in Russia. Construction of a new top-tier datacenter with an internationally experienced management …
IFC partners with IXcellerate to expand access to IT infrastructure in Russia Read More
2011 was a rather disappointing year for M&A both globally and in Russia. Compared to the 6% decline in the value of global M&A deals, Russia’s M&A market experienced an even stronger reduction in value, by almost 28%. This is a sign of its continuing higher volatility, but also the result of fewer mega deals …
Report: M&A in the Russian communications and media sector in 2011 and early 2012 Read More
