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Archives for April 2008

Sanoma To Acquire NetInfo Web Publisher in Bulgaria

Files under: News
Posted by: Quintura @ 11:31 [28. 04. 08]

Just days after acquiring the Russian publisher Lux Media, Sanoma Magazines, the magazine division of SanomaWSOY Group, agreed to acquire 68% shares in the leading Bulgarian web publisher Net Info.BG from a group of venture capital and private investors. Net Info owns the most popular Bulgarian free email service Abv.bg, online diretory Gbg.bg, video sharing [...]

Independent Media Sanoma Magazines To Acquire Lux Media

Files under: News
Posted by: Quintura @ 22:49 [27. 04. 08]

Independent Media, part of Sanoma Magazines, the magazine division of SanomaWSOY Group, agreed to acquire a 55% stake in the Russian glossy magazine publisher Lux Media. The deal could be valued at EUR 5 million. Lux Media publishes the fashion magazine Collezioni, real estate magazine Homes Overseas, and brides title Wedding. The company was founded [...]

National Media Group To Acquire NTK For $1.5 Billion

Files under: News
Posted by: Quintura @ 08:05 [24. 04. 08]

National Media Group (NMG) together with its shareholders agreed to acquire National Telecommunications (NTK), a leading Russian provider of cable TV and broadband Internet access services, valuing NTK at some $1.5 billion, reported news agency Interfax. NMG will acquire a controlling stake in NTK while the remaining stake will be acquired by NMG’s shareholders Severstal, [...]

MTS Named World’s Top 100 Most Powerful Brand

Files under: Mobile, News
Posted by: Quintura @ 01:29 [22. 04. 08]

The largest Russian mobile phone operator Mobile TeleSystems (MTS) is the first and only Russian company that was named as one of the world’s Top 100 Most Powerful Brands, the third annual BrandZ™ Ranking announced by leading global market research and consulting firm Millward Brown. MTS was ranked 89th in the BrandZ Top 100 list [...]

Rambler To Launch Ad-Funded Video Downloads

Files under: News, Web 2.0
Posted by: Quintura @ 14:16 [21. 04. 08]

Rambler Media, the holding company for the second largest Russian search engine and portal Rambler, is set to launch Rambler Cinema as a free video-download service, reported business daily Kommersant. The service will be supported by in-video advertisements. Rambler plans to generate $1 million in advertising revenues from the service in the first year of [...]

ReadWriteWeb Gets Russian Search Technology For Its 5th Anniversary

Files under: Quintura Search, Web 2.0
Posted by: Quintura @ 14:41 [20. 04. 08]

We send our heartiest congratulations to ReadWriteWeb that turns 5 years old today as well as to its network blog AltSearchEngines. We are proud to power site search on both sites. Please check the Quintura site search widget in the right sidebar on ReadWriteWeb. The widget increases user engagement on ReadWriteWeb as compared to a [...]

Ahlstrom Capital To Sell Wessen Group to Schneider Electric

Files under: News
Posted by: Quintura @ 14:10 [20. 04. 08]

Schneider Electric, an international electrical equipment holding agreed to acquire Wessen Group, a Russian manufacturer of electrical accessories from the Finish private equity firm Ahlstr?m Capital. With this acquisition, Schneider Electric said it would significantly reinforce its exposure to the low voltage installation market in Russia. The deal is expected to close in the second [...]

Odnoklassniki.ru Expects Revenue of $30 Million in 2008

Files under: Inside View, News, Web 2.0
Posted by: Quintura @ 02:46 [18. 04. 08]

The largest Russian social networking site Odnoklassniki.ru reported revenue of $3.3 million in Q1 2008, including $3 million from display (banner) advertising and $0.3 million from contextual advertising. Odnoklassniki.ru is expected to generate revenue of up to $30 million in 2008, says Albert Popkov, founder and CEO of the company. He estimates that it will [...]

RBC To Launch First Russian Social Network for Children

Files under: News
Posted by: Quintura @ 13:50 [17. 04. 08]

The leading Russian media group RBC Information Systems has licensed a children-friendly social networking platform from Tweegee of Israel to exclusively launch the Russian version of Tipo.co.il, a popular social network for children in Israel. It will be the first Russian social network for kids. RBC plans to invest $6 million into the project. Tipo [...]

Da Vinci Capital Invests in EPAM Systems

Files under: Enterprise, News
Posted by: Quintura @ 08:21 [17. 04. 08]

The private equity firm Da Vinci Capital invested $18 million in EPAM Systems, the Eastern Europe and Russia’s largest software development outsourcing services provider, reported RBC Daily. It is estimated that Da Vinci Capital obtained a 17 percent stake in EPAM that reported revenues of $115 million in 2007. In 2006, EPAM Systems received $25 [...]

Russian Blogs Are Losing Users To Social Networks

Files under: News
Posted by: Quintura @ 17:13 [16. 04. 08]

The average Russian blogger is a 22-year old female who lives in Moscow, makes 6 blog posts per month and has nineteen blog “friends”, says a new study on the state of the Russian blogosphere from Yandex. There are 3.8 million Russian blogs, up 23% from October 2007. Only 20% of Russian blogs are updated [...]

Rambler To Sponsor Russian Football Cup

Files under: News
Posted by: Quintura @ 19:52 [15. 04. 08]

Rambler Media that owns the second largest Russian search engine and portal Rambler has become the official title sponsor of the Russian Football Cup. The company signed a four-year strategic partnership with the Russian Football Union (RFU). The competition will now be known as the Rambler Russian Football Cup. Football (or soccer) is the most [...]

Sphere Sold, Online Ads Is Real Business, Not Tools

Files under: News, Web 2.0
Posted by: Quintura @ 09:43 [15. 04. 08]

It’s announced that AOL acquired Sphere, which started as a blog search engine and then moved into providing related content links for web publishers. Prior to the acquisition, AOL partnered with Sphere to offer its widget technology on AOL News and the myAOL service. I think that the Sphere investors sold the company just in [...]

comScore Ranks Top Russian Search Properties and Web Sites

Files under: News
Posted by: Quintura @ 00:01 [14. 04. 08]

In February 2008, 47.4% of all searches in Russia were conducted on Yandex, followed by Google (31.2%), Rambler (9.7%), Mail.ru (7%), Yahoo! (1.3%), AOL (1.1%), and Microsoft (0.6%), says a new study of Russian Internet usage from comScore. The results of the study will imply that the Russian alternative search engines including Quintura.ru held 0.5% [...]

Blogs Need Better Monetization Tools; ReadWriteWeb Just Got One

Files under: News
Posted by: Quintura @ 10:11 [13. 04. 08]

The advertising for bloggers has to change, says Steve Hodson of WinExtra. That is why we at Quintura focus on better monetization tools for content owners. Please check the Quintura site search widget in the right sidebar on ReadWriteWeb, a top 10 Technorati-ranked blog or in the left sidebar on this blog. The widget delivers [...]

OLX Acquired FreeAds.ru; Raised Another $13.5 Million

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 10:27 [12. 04. 08]

OLX, a free classifieds site operating in 40 countries in 15 languages, including in Russian, raised $13.5 million, bringing total funding to $23.5 million, says OLX founder and CEO Fabrice Grinda on his blog Musings of an Entrepreneur. The investors in the round included General Catalyst Partners, Bessemer Venture Partners, Founders Fund, and DN Capital. [...]

Russian Private Equity Firm To Buy Adam Aircraft For $10 Million

Files under: News
Posted by: Quintura @ 16:28 [11. 04. 08]

AAI Acquisition, Inc., an investment vehicle backed by the Russian investment management company Industrial Investors acquires the assets of Adam Aircraft Industries for $10 million, plus certain obligations. The U.S. Bankruptcy Court for the District of Colorado approved AAI Acquisition buying the Adam Aircraft’s assets on April 9, reported Denver Post. Industrial Investors manages the [...]

Russia’s Coral SISTEMA Strategic Fund To Bring FON To Russia

Files under: News
Posted by: Quintura @ 00:11 [11. 04. 08]

The WiFi telecom operator FON raised EUR 6 million (US$ 9.5 million) in Series C round, reported TechCrunch. We discovered via Quintura search engine that the new round of financing was likely led by Coral SISTEMA Strategic Fund, a $75 million venture capital fund established by SISTEMA and managed by Coral Capital Management. The raised [...]

Yandex Launches First Vertical – Car Search

Files under: News
Posted by: Quintura @ 15:51 [10. 04. 08]

Having revealed its first billion index pages outside of the ru domain, the largest Russian search engine Yandex has not only taken on Google globally but also launched its first vertical search Yandex.Auto, a search in car classifieds. Yandex.Auto indexes over half a million listings of used cars on some 30 web-sites for car fans [...]

Rambler Launches New Search: Vertical and Visual

Files under: News, Web 2.0
Posted by: Quintura @ 17:33 [9. 04. 08]

The second largest Russian search engine and portal Rambler has released a new version of its search engine. It is open to public on http://beta.rambler.ru The new search on Rambler has become visual and vertical. For easy navigation, the search results are clustered into four categories: Internet, Top 100, News, and Wikipedia, all marked in [...]

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