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Archives for December 2009

Top 10 Russian Venture Capital Internet Investors

Files under: News, Tech
Posted by: Quintura @ 06:33 [30. 12. 09]

Top 10 Russian Venture Capital internet investors: 1. Yuri Milner, CEO, Digital Sky Technologies (DST) – Facebook, Zynga, Mail.ru, Astrum Online, Odnoklassniki.ru, Vkontakte, KinoPoisk.ru, HeadHunter (hh.ru), etc. 2. Viktor Remsha, CEO, Finam – Alawar, Begun, Buka, Mamba, MoneyMail, AstroStar.ru, MirTesen, MarketGid, AuKa.ru, Badoo, etc. 3. Artem Yukhin, Venture Capital Investments Director, Troika Venture Funds/ Troika [...]

Top 10 Internet CEOs in Russia

Files under: News, Tech
Posted by: Quintura @ 17:16 [29. 12. 09]

Top 10 CEOs of Internet companies in Russia : 1. Arkady Volozh, CEO, Yandex (largest Russian search engine and contextual advertising provider). 2. Dmitri Grishin, CEO, Mail.ru (largest Russian online portal). 3. Alexey Basov, CEO, Begun (second largest contextual advertising provider in Russia). 4. Sergey Ryzhikov, CEO, 1C-Bitrix (leading web-site CMS vendor in Russia). 5. [...]

Top 10 Internet Entrepreneurs in Russia

Files under: News, Tech
Posted by: Quintura @ 02:55 [29. 12. 09]

Top 10 internet entrepreneurs in Russia: 1. Arkady Volozh and Ilya Segalovich, founding CEO and CTO of Yandex (leading Russian search engine and contextual advertsing provider). 2. Evgeny Kaspersky, co-founder & CEO of Kaspersky Lab (top 5 global internet security software vendor), was awarded the State Prize of the Russian Federation in Science and Technology. [...]

Top 10 Russian Web Startups of 2009

Files under: Inside View, News, Tech, Web 2.0
Posted by: Quintura @ 01:47 [28. 12. 09]

Russia has become the second largest Internet market in Europe with over 40 million internet users. Here are top 10 Russian internet startups of 2009. The list includes startup internet companies from Russia, which launched new online services and raised venture capital funding in 2009. The below startups were involved in major Russian venture capital [...]

Mint Capital Exits jNetX via $50 Million Sale to Amdocs

Files under: News
Posted by: Quintura @ 06:16 [26. 12. 09]

Moscow-based private equity and venture capital firm, Mint Capital has recently exited its investment in telecom service delivery platform developer jNetX via sale to telecoms customer software provider Amdocs for $50 million, net of debt and cash. The sale was announced by jNetX on October 27. Mint Capital first invested less than $2 million in [...]

Merry Christmas and Happy New Year 2010!

Files under: News
Posted by: Quintura @ 05:18 [25. 12. 09]

Quintura apps for iPhone, iPad and iPod touch! Holiday Prices!! Quintura apps for Android! Free!!

Avatar Confirms Russia’s Box Office’s Second Largest Worldwide

Files under: News
Posted by: Quintura @ 16:50 [23. 12. 09]

I watched the Avatar movie, in 3D last night. It’s awesome. “There are movies, there is Avatar“, says my friend. I fully agree. For the first time, Russia has brought the highest box office sales over the first weekend internationally (after the U.S. and Canada) with $20.8 million, ahead of France with $20.3 million and [...]

EBRD to Invest $30 Million in Almaz Capital Russia Fund I

Files under: News
Posted by: Quintura @ 05:04 [23. 12. 09]

The European Bank for Reconstruction and Development (EBRD) has agreed to invest up to $30 million in Almaz Capital Russia Fund I, a Moscow and Silicon Valley-based venture capital fund managed by Almaz Capital Partners, the bank announced on its corporate web-site. The fund was formed in July 2008, when it completed an initial closing [...]

NetByNet Raises $30 Million from Aton Capital Partners and Ivan Tavrin

Files under: News
Posted by: Quintura @ 04:28 [23. 12. 09]

Private equity firm Aton Capital Partners and Media-One Holdings’ founder Ivan Tavrin have invested a total of $30 million in NetByNet, a broadband telecom operator in Moscow and the Moscow region, reported newspaper Kommersant. Aton Capital and Ivan Tavrin invested $20 million and $10 million, respectively, in NetByNet that was valued at $120 million, the [...]

Rambler’s Owner ProfMedia to Do $1 Billion IPO in 2010

Files under: News
Posted by: Quintura @ 03:17 [23. 12. 09]

Russian media and entertainment group ProfMedia, which has acquired a 88 percent stake in leading Russian online portal and search engine company Rambler Media, has decided to de-list Rambler from the Alternative Investment Market (AIM) of the London Stock Exchange. The de-listing will be completed before the end of 2009. ProfMedia intends to raise between $0.8 billion and [...]

DST Raises Stake in Facebook to More Than 5%

Files under: News
Posted by: Quintura @ 05:07 [17. 12. 09]

Russian Internet group DST (Digital Sky Technologies), which has contributed more than a half of a $180 million investment in social games company Zynga, has obtained more than 5 percent stake in world’s largest social network company Facebook. In addition to making a $200 million investment in preferred shares for 1.96 percent stake  in Facebook [...]

Russian Marussia Becomes Partner of Virgin Racing F1 Team

Files under: News, Tech
Posted by: Quintura @ 10:03 [16. 12. 09]

Russian sports car manufacturer Marussia has become a partner of Virgin Racing, a new F1 Team launched by Sir Richard Branson, announced the company. MaRussia is venture financed and majority owned by Steepler founder Andrey Cheglakov. The computer firm Steepler made Dendy, one of the most popular game consoles in Russia in the 1990s. Marussia [...]

Genii Capital to Acquire Large Stake in Renault F1 Team

Files under: News
Posted by: Quintura @ 06:31 [16. 12. 09]

It’s been announced that private equity firm Genii Capital has agreed to acquire a large stake in Renault F1 Team, announced the Team’s official web-site. Renault F1 Team has won two consecutive drivers’ and constructors’ Formula One world championships in 2005 and 2006. Genii Capital acquired 75 percent shares in Renault F1 Team and would [...]

DST, Tiger Invest in Zynga to Bring Social Games to Russian Social Networks

Files under: News
Posted by: Quintura @ 04:05 [16. 12. 09]

Russian Internet group DST (Digital Sky Technologies), which recently help merge leading Russian online portal Mail.ru with online games publisher Astrum Online Entertainment, has led $180 million investment in world’s #1 social games company Zynga, according to NYTimes.com. The other investors in the round included Tiger Global, Institutional Venture Partners and Andreessen Horowitz. The new [...]

Russian-Founded JS-Kit Evolves into Echo

Files under: News, Tech, Web 2.0
Posted by: Quintura @ 13:08 [15. 12. 09]

JS-Kit, which was founded by Russian engineer Lev Walkin, has changed its name to Echo, the company said on its blog. The rebranding reflects JS-Kit‘s evolution from a provider of comment and other social widgets for online publishers into a reverse syndication service for social media conversations. Most of Echo’s traffic comes from its top [...]

Google to Power Search and Ads on Mail.ru

Files under: News
Posted by: Quintura @ 03:50 [15. 12. 09]

The deal that Mail.ru was going to replace its default search engine Yandex is now confirmed. Mail.ru has announced that Google will power web search and search ads on Russia’s leading online portal Mail.ru from January 2010. In spite of the fact that Google will be used on Mail.ru as “white label” (i.e., without mentioning [...]

UEFA EURO 2012 Logo Unveiled

Files under: News
Posted by: Quintura @ 11:00 [14. 12. 09]

The official logo, visual identity and slogan for UEFA EURO 2012 were unveiled in Kyiv, the capital of Ukraine today. The EURO 2012 co-host countries Ukraine and Poland are looking forward to ‘Creating History Together‘, said uefa.org The logo has a flower that represents each of the co-host nations and a central ball that symbolizes [...]

Otto Group Expands in Russia

Files under: News
Posted by: Quintura @ 07:11 [14. 12. 09]

The Otto Group, the world’s largest mail order business group and second largest in B2C e-commerce, has acquired the remaining 30 percent shares in mail order fashion retail joint-venture Direct Catalog Service and remaining 10 percent shares in mail order business Na Dom, according to Vedomosti.ru. The shares were acquired from Direct Group, which set [...]

DST in Talks to Acquire ICQ from AOL

Files under: News
Posted by: Quintura @ 16:18 [13. 12. 09]

Mail.ru and Odnoklassniki.ru major owner and Russian internet investor DST (Digital Sky Technologies) is in negotiations with AOL to acquire ICQ for between $200 million and $250 million, reported newspaper Vedomosti. DST invested several hundred million dollars to acquire a stake in Facebook this year. Buying out ICQ would strengthen DST’s position as the leading [...]

Human Stem Cell Institute Completes $5 Million First Russian Biotech IPO

Files under: News
Posted by: Quintura @ 12:18 [10. 12. 09]

Russian biotechnology company, Human Stem Cell Institute or HSCI (in Russian: Институт Стволовых Клеток Человека) has completed a $5 million (142.5 million Rubles) initial public offering (IPO) of shares on the Innovation and Growth Companies Sector (Рынок Инноваций и Инвестиций или РИИ) of MICEX Stock Exchange today, according to market reports. It was the first [...]

Yandex to Power Search Ads on Bing

Files under: News
Posted by: Quintura @ 17:09 [9. 12. 09]

The leading Russia search engine Yandex has started powering search contextual ads on Bing, Microsoft’s search engine. Here is a screenshot and link to search result page on Bing.com for a search query “Туры” (Tours) that displays Yandex.Direct advertisements both above the Bing.com’s search results and alongside them (to the right). Yandex has announced a [...]

Russian SocNets for Kids Go After Huge Untapped Market

Files under: News
Posted by: Quintura @ 04:48 [6. 12. 09]

Since we operate a search engine for children, Quintura for Kids (and its Russian version), we keep a close eye on market developments in online space for kids. According to Rumetrika, there are 8 million internet users in Russia at the age of below 14 years old. Two recent projects such as Tvidi.ru and Mir [...]

MoeDelo Named Most Attractive Investment Project at ELBA Forum

Files under: News
Posted by: Quintura @ 15:10 [5. 12. 09]

Start-up MoeDelo has been named as the most attractive investment project at the first forum of internet projects and investors ELBA. The online accounting service company MoeDelo won Plyuschev Award 2009 in “Investment Attractiveness” category. The ELBA forum was held near Moscow on November 28. Launched in 2009, MoeDelo offers online bookkeeping service for small [...]

Google to Become Default Search Engine on Mail.ru

Files under: News
Posted by: Quintura @ 05:57 [4. 12. 09]

Russia’s leading online portal Mail.ru is going to replace its default web search engine and contextual advertising provider Yandex with Google from the beginning of 2010, according to Russian internet industry sources. As a result, Google will not only increase its search market share in Russia by 40% and reach between 33% and 42% of [...]

Russian Banker’s Spyker Cars Interested in Saab

Files under: News
Posted by: Quintura @ 17:03 [2. 12. 09]

Russian banker-part owned Dutch manufacturer of luxury sports cars, Spyker Cars has confirmed that the company together with its shareholder Convers Group expressed an interest in Saab Automotive AB of Sweden. Saab is being divested by GM. According to Vedomosti.ru, Russian banker Vladimir Antonov owns (via Convers Group) a 29.9% stake in Spyker Cars. Mr. [...]

It’s Official: Mail.ru Merges with Astrum Online Entertainment

Files under: News
Posted by: Quintura @ 07:13 [1. 12. 09]

Russia’s leading online portal Mail.ru, whose H1 2009 financial results were reported by 43%-stake owner Naspers last week, is buying out online games group Astrum Online Entertainment in a combination of cash and own shares, Mail.ru said in the press-release. Both Mail.ru and Astrum Online are majority owned by DST (Digital Sky Technology), a major [...]