Press releases & Industry announcements

i-Free halts funding to the start-up that created mobile app Girls Around Me

St. Petersburg – i-Free reports that its venture foundation subdivision i-Free Ventures has stopped funding Places Around Me, the start-up that created the mobile application Girls Around Me. i-Free decided to stop funding Places Around Me because of the negative reaction its mobile application Girls Around Me has recently provoked among potential users.

Farminers partners with RocketSpace to bring Russian tech startups to the United States

Moscow, Russia / San Francisco, California – Farminers, a Russia-based technology incubator backed by In-Mobile Investments, is bringing the members of its 2012 Startup Academy for technology startups to San Francisco’s RocketSpace to prepare for launch in the United States. Chosen from thousands of Russian tech startups that applied to the Farminers Startup Academy, these …

Farminers partners with RocketSpace to bring Russian tech startups to the United States Read More

U.S. and Russia kick off new innovation working group in Silicon Valley

Washington DC – The Innovation Working Group of the U.S.-Russia Bilateral Presidential Commission will hold its first meeting at the headquarters of Cisco, in San Jose, California, on March 27. Co-chaired by U.S. Undersecretary of State for Economic Growth, Energy and the Environment Robert Hormats and Russian Presidential Advisor Arkady Dvorkovich, the group will address cooperation on …

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Mail.Ru Group: Preliminary trading statement for fiscal year 2011

Dubai – Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as “the Company” or “the Group”), one of the largest Internet companies in the high-growth Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information for the second half and full year ended 31 December 2011.

Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence

Mountain View, CA – Ecwid Inc., producer of the world’s first platform-neutral, drop-in store builder widget – which can be easily embedded into any website, blog or social network page in minutes – has announced its Series A round of venture funding and the planned opening of its first United States and United Kingdom offices. Ecwid is based …

Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence Read More

GlobeCast adds satellite capacity in Russia and the CIS countries with Yamal-201

Paris, December 1st, 2011 – GlobeCast announces today the expansion of its satellite capacity overRussia and the Commonwealth of Independent States (CIS) with a new Ku-band platform on the Yamal-201 satellite. Offering significant opportunities to penetrate the cable market throughout the CIS, GlobeCast’s capacity provides full coverage of this area to regional and international channels.

Infinera expands with Russian headquarters in Moscow

Sunnyvale, CA. – Infinera (NASDAQ: INFN), a US-based leading provider of digital optical communications systems, has established its Russian headquarters in Moscow. Infinera Russia will focus on marketing, sales operations and work closely with local partners to expand the company’s manufacturing presence and capabilities in the region. The new entity has been created to support …

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Infineon launches world’s smallest integrated receivers for GPS and GLONASS applications

Neubiberg, Germany – August 3, 2011 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today introduced a new series of Receive Front-End Modules for implementation of Global Navigation Satellite System (GNSS) functionality in Smart Phones and other handheld devices. The new BGM103xN7 Series devices are the first modules available that support separate or simultaneous …

Infineon launches world’s smallest integrated receivers for GPS and GLONASS applications Read More

Putin discusses global access to ICT with ITU Secretary General

Geneva – ITU Secretary General Hamadoun Touré met with Russian Prime Minister Vladimir Putin during a historic visit to UN Headquarters in Geneva where the two discussed global access to the benefits of information and communication technologies (ICT). Russia has long been a supporter of ITU and was one of its founding members nearly 150 years ago.

Rusnano invests in MEMS with US SiTime

RUSNANO has announced its investment partnership with SiTime Corporation, an American company, for the development of electronic components for microelectromechanical systems (MEMS) for use in sensors, computing and telecommunications equipment.

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