Moscow-based online recruiting service Worki, “is now part of Mail.Ru Group,” the company reported in its blog, without specifying the size and price of the stake acquired by the group. “After the deal is settled, Worki will work in synergy with other projects of Mail.ru Group, including its classifieds website Youla, thus increasing the group’s presence on the …
Mail.Ru Group acquires online recruiting service Worki Read More
Moscow-based Kaspersky Lab, one of the world’s top cyber security vendors, has announced the acquisition of a 29.5% stake in New Cloud Technologies (NCT), the Interfax news agency reported. Launched in 2013 — now with offices in Moscow, St. Petersburg and Innopolis (Tatarstan) — this company develops complex cloud solutions for online mass storage and document processing. Its …
Kaspersky Lab acquires stake in Russian cloud tech company NCT Read More
Sberbank, Russia’s state-controlled financial giant, is to acquire a 46.5% stake in Rambler Group, a major online media and entertainment group. The deal gives Sberbank equal stake to investment holding company A&NN, which is affiliated to Russian billionaire Alexander Mamut, while Era Capital owns the remaining 7%. The terms of the deal have not been disclosed, …
Sberbank to acquire large stake in online media group Rambler Read More
Severgroup, a group of companies controlled by steel magnate Alexey Mordashov, has acquired GetLean, a Moscow-based startup providing courses for healthier food and lifestyle. The terms of the deal have not been disclosed. Founded by Yulia Gurbanova in 2016, the young company has a team of 10 people, including three full-time employees. Its “science-based” 12-week …
Sberbank, the giant state-controlled financial institution, announced yesterday the full acquisition of digital job search service group Rabota.ru. The terms of the deal – which is expected to be closed in May 2019 – have not been disclosed. Sberbank intends to “create an ambitious player on the market based on the existing company.” While the service …
Sberbank acquires major Russian digital job search service Read More
Yandex, the NADSDAQ-listed Russian search giant, has acquired online Q&A service TheQuestion with a plan to merge it with an analog in-house service. Neither the amount nor other details of the transaction have been disclosed. Founded in 2014 by Russian journalist Tonya Samsonova, TheQuestion attracted equity funding from individual investors in 2016. The service has generated …
Nginx (pronounced “engine-x”), a US-based open source web server publisher with Russian origins, has been acquired by F5, a global leader in multi-cloud application services. The transaction amounted to “approximately $670 million,” the companies announced, for the full acquisition of Nginx. By this acquisition F5 aims to “bridge the divide between NetOps and DevOps with consistent …
Russian-founded web server leader acquired by US company for $670 million Read More
Mail.Ru Group, the LSE-listed Russian Internet giant, is investing is Skillbox, an e-learning platform for digital and IT specialties. The transaction was revealed yesterday by business daily Vedomosti, based on exchanges with representatives of both companies. The group has acquired a 3.6% stake for an undisclosed amount as part of a plan to ultimately acquire …
Mail.Ru Group invests in online IT education platform Read More
Rostec, a state-owned conglomerate covering a wide range of technologies, including military ones, and Sistema, a privately-owned conglomerate, have agreed to create a joint venture in the field of microelectronics. The new entity will include no fewer than 19 enterprises operating in this field, from research and development to production. Still subject to regulatory approval …
Sistema and Rostec join forces to boost microelectronics factories Read More
Last week IXcellerate, a leading commercial data center operator in Russia, announced a five-year $260 million investment plan. The funding will be provided by the company’s shareholders as well as bank financing and an additional injection of “foreign capital.” By 2023, according to this plan, the company will operate the existing Moscow One Datacentre and run “at least four …
IXcellerate and Rostelecom plan to invest massively in Russian data centers Read More
Naspers’s classifieds business, OLX Group, announced Friday that it took full control of Avito.ru, Russia’s number one classifieds site, boosting its stake from 70.4% to 99.6%. Among the minority shareholders exiting the company is Swedish investment firm Vostok New Ventures (VNV, previously known as Vostok Nafta Investment), which will get gross proceeds of $540 million from …
Naspers takes full control of Avito, Russia’s leading classifieds site Read More
ESforce, a major eSports company acquired in early 2018 by Mail.ru Group, has sold SK Gaming, one of its key assets, to Daimler and football club FC Köln (FC Cologne). The terms of the transaction were not disclosed, but Russian business publication RBC wrote, based on company information, that its object was a 67% stake …
