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Archives for March 2010

UMJ Russia Fund Invests $3 Million in Gameland TV

Files under: News
Posted by: Quintura @ 02:46 [30. 03. 10]

Japanese venture capital firm, UMJ Russia Fund has invested $3 million in exchange for a 30% stake in Game Network that holds rights for the Russian television channel for gamers, Gameland TV, reported newspaper Vedomosti. The channel is going to distribute Japanese anime and manga content to the Russian audience. Launched in February 2008, Gameland [...]

Independent News & Media Disposes The Independent to Alexander Lebedev

Files under: News
Posted by: Quintura @ 15:46 [25. 03. 10]

Independent News & Media (INM) has sold all rights to the U.K. national newspapers The Independent, The Independent on Sunday and the related website Independent.co.uk, to Independent Print Limited (IPL), a company controlled by the family of the Russian billionaire Alexander Lebedev, reported INM on its corporate web-site. IPL paid GBP 1 for the newspapers. [...]

VTB’s Moscow Regional Venture Fund Invests $4 Million in Sanitelle

Files under: News
Posted by: Quintura @ 07:16 [22. 03. 10]

The 2nd Moscow Regional Venture Fund, which is managed by VTB Asset Management, has invested $4 million in exchange for a 30% stake in Bentus Laboratories that makes the Sanitelle sanitizer products for personal and professional use, reported newspaper RBC Daily. The investment will be used to expand production of Sanitelle products and for marketing [...]

DST, 1C and Sergey Orlovskiy Invest $7 Million in Nival Network

Files under: News
Posted by: Quintura @ 16:29 [16. 03. 10]

Social games company Nival Network has raised $7 million in new equity capital from DST, 1C Company and Nival Group founder & CEO Sergey Orlovskiy at post-money valuation of $32 million, reported newspaper Vedomosti. The new shareholder DST invested $4 million for a 12.5% stake in Nival Network, the newspaper said. The other shareholders, accounting [...]

Quintura Powers Site Search on PCMag.ru (PC Magazine/Russian Edition web-site)

Files under: News, Quintura Search, Search Cases, Tech
Posted by: Quintura @ 05:00 [15. 03. 10]

Opera Could Create Web Browser for Kids; Add Extensions in the Future

Files under: Mobile, News, Tech
Posted by: Quintura @ 16:23 [9. 03. 10]

Opera Software, maker of the Opera web browsers for desktops, devices and mobiles, could build a web browser for kids. “We think about creating an internet browser for kids. It’s a secret, exclusive..,” said Opera Software Communications Manager in Russia, Vladimir Isaev in his recent interview to Runetologia. He added that the company thinks about [...]

Chatroulette Founder Andrey Ternovskiy Goes for VC Money to the US

Files under: News
Posted by: Quintura @ 16:05 [5. 03. 10]

17 years-old Moscow student Andrey Ternovskiy, founder of  Chatroulette, one-on-one online video chat that connects random users, has received an offer from Russia’s leading Internet investor, Digital Sky Technology (DST) to buy a stake in his venture, according to Spiegel Online. Andrey did not accept an offer straight away, the story said. Instead, the creator [...]

Renault F1 Confirms Partnership with LADA

Files under: News
Posted by: Quintura @ 05:46 [4. 03. 10]

Renault F1 Team has confirmed an agreement that Russia’s leading automotive brand, LADA, which is owned by AvtoVAZ, will feature the LADA logo on the chassis of the Renault F1 R30 race cars during the 2010 season. The agreement was signed in Moscow on March 1, 2010. The LADA branding will also appear on the [...]

Kaspersky Lab Reaches Record Revenue in 2009

Files under: News, Tech
Posted by: Quintura @ 05:05 [3. 03. 10]

World’s largest privately-held Internet security company, Kaspersky Lab is becoming the largest software and Internet company in Russia. Kaspersky Lab should be bigger than 1C Company, accounting and mutimedia software vendor with estimated revenue of $265 million in 2009 and Yandex, the leading Russian search engine whose revenue were just under $300 million in 2009. Founded [...]

Finnish Tieto Acquires T&T Telecom (Telecom Design)

Files under: Enterprise, News
Posted by: Quintura @ 03:55 [2. 03. 10]

Leading IT service company in Northern Europe, Tieto has acquired Russian telecom consulting and system integration company T&T Telecom (formerly, Telecom Design) from its founder and CEO, Yuri Pesnya. Tieto first partnered with Telecom Design in March 2008. Tieto paid $10 million for 100% stake in T&T Telecom valuing its at 5 x EBITDA, according [...]

Endemol Invests in Russian Scripted Production Company WeiT Media

Files under: News
Posted by: Quintura @ 17:33 [1. 03. 10]

The leading international entertainment production company Endemol has agreed to invest an undisclosed amount in exchange for a 51% controlling stake in Russian scripted production company WeiT Media. The company could have invested up to $30 million, reported Vedomosti. According to the agreement, WeiT Media will become producer of Endemol’s scripted and entertainment formats in [...]

Renault F1 Driver Russia’s Vitaly Petrov To Be Sponsored by LADA

Files under: News
Posted by: Quintura @ 16:00 [1. 03. 10]

The first Russian driver in Formula One, Vitaly Petrov who started racing for Renault F1 Team in 2010 is going to be sponsored by LADA, the brand of Russia’s largest car producer AvtoVAZ. Renault President Carlos Ghosn and AvtoVAZ Board Chairman Sergey Chemezov confirmed in Moscow today that the LADA logo will be displayed together [...]