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Yandex to Acquire Map Provider GIS Technologies

Files under: News, Tech
Posted by: Quintura @ 03:59 [29. 06. 10]

The leading Russian search engine Yandex has agreed to acquire online map provider GIS Technologies (ГИС Технологии) for several million dollar, reported newspaper Vedomosti.

GIS Technologies supplies online city maps for Yandex.Maps (Яндекс.Карты) since 2008. Previously, GIS Technologies supplied Megapolis maps for satelite navigation devices JJ-Connect.

Launched in 2004, Yandex.Maps has a monthly audience of 9 million users.

In 2008, Yandex acquired road traffic monitoring service SMIlink, which was then integrated into Yandex.Maps.

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One Response to «Yandex to Acquire Map Provider GIS Technologies»

  1. 1 Rambler to Merge with Afisha – New CEO Nikolay Molibog from Afisha Quintura @ 03:59 [29. 06. 10]

    [...] shall have annual revenues of over $150 million and challenge the Russian Internet market leaders Yandex, Mail.ru/DST and Google in Russia. I think that combining Afisha and Rambler would improve [...]