M&A

CTC Media acquires online video content provider CarambaTV

March 1, 2016

CTC Media, a major Russian media company, yesterday announced the acquisition of a majority stake in CarambaTV, a producer of digital and transmedia content. CTC Media acquired a 51% stake for 148 million rubles (approximately $2.2 million at the current exchange rate). The transaction included the Carambatv.ru and +100500 websites, which together attract over 2 million unique visitors each …

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CPA giant CityAds Media acquires Tinkoff Digital’s mobile advertising platform Madnet

March 1, 2016

Last week, CityAds Media, a Moscow-based international performance advertising platform, announced the acquisition of Madnet. This mobile advertising platform had been launched last year by Tinkoff Digital, а Russian developer of innovative Internet and mobile advertising technologies, as “the first real-time bidding (RTB) platform in Russia for mobile devices.” Madnet has developed its own DSP, …

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Yandex acquires e-commerce recommendation service, Runa Capital celebrates first Russian exit

March 1, 2016

Yandex, the Russian search giant, has acquired a browser application developed by Metabar, a portfolio company of Runa Capital. The financial details of the deal have not been disclosed, but Runa reported that it “provided a multiple return on investment.” Christened “Sovetnik” (Russian for “advisor”), this browser extension helps users find the best offer for …

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Mail.ru Group hands over its e-currency to QIWI

November 26, 2014

NASDAQ-listed Russian payment operator QIWI announced today the acquisition of the e-currency business of Mail.ru Group, a major Russian Internet group. After the completion of transition period all Money.Mail.Ru transactions will be performed by QIWI. The terms of the deal, which is presented as part of a “long term strategic partnership,” have not been disclosed. …

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Mail.ru group to sell headhunter business to investor consortium led by Elbrus Capital

March 1, 2016

Mail.ru Group, a leading, LSE-listed Russian Internet group, is to sell 100% of shares in HeadHunter (hh.ru) to a consortium of investors led by direct investment fund Elbrus Capital. The deal, which is worth a total of 9.85 billion rubles (a little less than $210 million at the current exchange rate), is still “subject to third-party approval,” the group announced. It expected to …

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SeoPult acquires social network authentication service uLogin

November 17, 2014

Last week leading Russian SEO management company SeoPult announced the acquisition of social network authentication service uLogin. The deal’s price tag was to disclosed. This takeover comes in the wake of Intel Capital’s $35 million investment in Gigya, a California-based customer login management service similar to uLogin. uLogin was launched in 2011, and allows websites to …

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Mail.ru Group acquires OpenStreetMap-powered Maps.me

November 13, 2014

Today LSE-listed Russian Internet group Mail.ru Group announced it has acquired popular mapping app Maps.me. With its Android, iOS and BlackBerry apps, Belarus-based Maps.me allow users to download detailed maps for any location around the world and use them even when offline. The service pulls data provided by OpenStreetMap, the open-source, project dedicated to create a crowdsourced, highly detailed world …

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Ukrainian e-marketing agency acquires stake in Russia’s Q-page

November 10, 2014

Last week Netpeak, an e-marketing agency headquartered in Odessa, Ukraine, announced it has acquired a 10% stake in Q-Page, a Russian company that help individual entrepreneurs and SMBs create or optimize online sales pages. Netpeak paid $100,000 for the stake in Q-Page. “There is a large number of customers who want to use the instruments of contextual advertising …

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Gazprom-Media to acquire new Russian Internet assets

October 13, 2014

Gazprom-Media, a leading media holding affiliated with gas giant Gazprom, is about to acquire an 82.7% stake in WebMediaGroup, the owner of several Internet and e-commerce sites in Russia. The planned acquisition was appoved last week by the Federal Antimonopoly Service, reported the e-commerce online portal Oborot.ru. The details of the transaction are unknown, but …

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Luxoft acquires US Internet-of-Things solution provider Radius

October 10, 2014

Earlier this week Luxoft, a NYSE-listed provider of software development services and innovative solutions and a part of Russia’s IBS Group, announced the acquisition of Radius Inc., a US-based provider of Internet-of-Things (IoT) solutions. Radius delivers modern enterprise solutions across mobile, cloud, data and API technologies for large corporations to “help them capture, manage, and …

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Yandex acquires PriceLabs, gets a divorce from MultiShip

October 7, 2014

Yandex’s strategy to develop its marketplace, Yandex Market, saw new developments in the past few weeks. The company acquired PriceLabs, the developer of a price monitoring and optimization solution, and abruptly ended cooperation with MultiShip, an aggregator of delivery service offers in which Yandex had invested earlier this year. The Russian search giant did not …

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E-commerce leader Ulmart acquires satellite TV distributor No Limit Electronics

October 3, 2014

Ulmart, the leading Russian e-commerce company, whose sales exceeded $1 billion last year, is in the process of acquiring Satellite Company, which operates No Limit Electronics, a leading distributor and retailer of digital TV equipment. Satellite Company, which expects a turnover of around $375 million this year, has been valued “somewhere between $200 million and …

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