Rambler, a major Russian Internet portal, is holding talks with Yandex, Russia’s leading search engine, and Google regarding replacing its search engine with a partner tool. Yandex management says the company is interested in big sites with high-density traffic. Rambler is most likely to opt for Google’s search system. According to information already available, Rambler …
General Atlantic, a US-based private equity fund, has bought a large stake in Kaspersky Lab. Though no details of the deal have been disclosed by the parties, it is known that General Atlantic has become the second-largest shareholder in the Russian computer security company. Evgeny Kaspersky, who owns a controlling stake in the firm, will …
Japanese holding company Mitsui & Co. has bought a 15% share in Qiwi, Russia’s leading operator of offline electronic payment terminals. Existing shareholders Mail.ru Group, the operations branch of DST investment, and Qiwi management both sold shares to complete the deal and now hold 21.4% and 63.7% respectively. No official information on the value of …
Japanese corporation buys stake in Russian Qiwi payment system; US expansion considered Read More
Skype announced yesterday it had signed a final agreement with Almaz Capital Partners investment fund to acquire Qik, a mobile video file sharing application. Analysts assess the deal to be worth $150 million, although neither party is commenting. The transaction will be finalized this month.
Digital Sky Technologies (DST Global), Russia’s major Internet investment fund, pledged $50 million to Facebook’s latest $500 million financing round. In addition, DST stakeholder Goldman Sachs bought a $450 million stake with the right to sell up to $75 million to DST, according to sources quoted in The New York Times involved in the talks. With …
DST takes part in Facebook’s newest and largest investment round Read More
Report presentation: From February to April, 2010, the Russian Software Developers Association (Russoft) conducted its 7th Annual Survey of the Russian Software Export Industry. In the course of this survey, Russoft collected more than 160 quality questionnaires. In addition to questionnaires, Russoft analysts gathered a significant amount of information from other sources, primarily reports of …
Executive summary: In May 2010, PricewaterhouseCoopers, the New Economic School, the Russian Venture Company, and the Russian Corporation of Nanotechnologies conducted a survey of 100 large companies operating in Russia in order to assess the level of innovation among large corporations. The survey was also designed to explore the key factors which determine the level …
Innovation by large companies in Russia: Mechanisms, barriers, perspectives Read More
Summary of survey results: According to the survey, 28% of the working residents of Russia would prefer to work for a foreign company. Of this group, 30% of the respondents under 30 expressed a desire to work for a foreign company to gain “good work experience” and practice using a foreign language. According to respondents, …
