Ambitious Russian social gifting app launched on Turkish version of Facebook

Russian programmer and businessman Valery Gasratov launched social gifting application Giftofoni last week, allowing Turkish speaking Facebook users to order gifts and organize parties. The application is derived from Welcome Gifts, Zhelannye Podarki in Russian, an application launched last year by Gasratov’s team on Odnoklassniki.ru, a leading Russian social networking site. Welcome Gifts was used by 12 …

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Asteros becomes first Apple authorized system integrator in Russia

Last week, IT firm Asteros, headquartered in Moscow, became the first Russian company to receive the status of Authorized Systems Integrator from Apple. Asteros will integrate and service Apple-branded hardware into its clients’ IT infrastructure and tailor the US company’s software to fit the needs of Asteros’ Russian clients.

Russian state bank VEB to invest $25 million in supercomputing company

Russian state bank Vnesheconombank (VEB) is set to acquire a 25% stake in T-Platforms, a high performance computing company, following approval from the Russian Federal Antimonopoly Service on Sept. 19. The acquisition will give VEB a blocking stake in the company. With bases in Moscow and Hanover, T-Platform has several of its end user supercomputing installations listed among …

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VimpelCom Italian subsidiary Wind acquires LTE license for €977 million

The Italian government has sold three LTE licenses in the 800 Mhz frequency range for a total of €3.7 billion. Wind Telecomunicazioni, a fully owned subsidiary of VimpelCom, paid €977 million for the license and intends to bid for further frequencies in the 1,800, 2,000 and 2,600 Mhz ranges. The other successful license auction bidders …

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Digital radio and TV launched in North Caucasus

Digital radio- and tele-broadcasting have been launched in the North Caucasus for the first time, TASS-Telecom reported last week. The launch ceremony took place in Vladikavkaz in the Republic of Northern Ossetia-Alanya and was attended by Igor Shchegolev, the Minister of Communications and Mass Media.

Major retailers switching to all digital distribution for software, music and video

M.Video, a leading Russian consumer electronics retailer, announced last week its intention to switch from physical to digital distribution of its range of software, music and movies. The company believes that it makes less commercial sense to sell software, music and movies ‘in boxes’, when it is easier for consumers to simply download them.

Fujitsu subsidiary acquires minority stake in Abbyy

Fujitsu’s subsidiary PFU Limited recently acquired up to a 5% stake in Abbyy, a world-renowned Russian provider of document conversion, data capture, and linguistic software and services. The information, which has since been confirmed by Abbyy,  was first revealed last week by Russian business daily RBC Daily. The amount of the deal remains undisclosed, but experts …

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Russian Venture Company invests in US home decor site One Kings Lane

The Russian state owned fund of funds Russian Venture Company (RVC) announced last week it had participated indirectly in a $40 million round of financing for One Kings Lane, a leading US flash sales site on the home furnishings market. The investment was made through Institutional Venture Partners XIII (IVP), a prominent later stage venture …

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DST and Silver Lake invest over $1.6 billion in Alibaba Group

DST Global, the top Russian international investor in Internet assets, and Silver Lake, a global leader in private investments in technology, announced last week their commitment to invest in Alibaba Group, a premier Chinese technology company. This is the second investment from DST this year in Chinese e-commerce. In March, the fund took part in the third …

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Venture fund Runa Capital to pour $5 million into Skolkovo projects

Russian early stage venture fund Runa Capital shook hands with the Skolkovo Foundation, the state-owned organization leading the completion of the major innovation hub on the outskirts of Moscow, reported Russian business daily Vedomosti. The deal outlines provisions for Runa to collaborate with Skolkovo over the next three years and invest $5 million into the projects …

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SES and Intelsat satellites repositioned to better cover Russian territory

Global satellite operator SES and Russian satellite operator Gazprom Space Systems (GSS) announced the formation of a strategic partnership last week to provide additional satellite capacity to serve the Russian market. Under the agreement, SES has repositioned its ASTRA 1F satellite from 51 degrees East to 55 degrees East, reported Telesputnik, a Russian publication covering …

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