Russian Wireless Broadband is HOT

Files under: News, Tech
Posted by: Yakov @ 08:54 [24. 03. 08]

Volga River One Capital Partners agreed to invest some $20 million for 49.6 percent interest in Metromax, a Samara-based wireless broadband operator, says business daily Vedomosti. The deal follows two other investments in Russia in 2008 that were led by the private equity funds: Quadriga in Tascom and Bessemer in Enforta.
Metromax was started in Samara […]

Will Nokia or Nuance Buy STC in a Play for Speech Recognition Market in Russia?

Files under: News, Tech
Posted by: Yakov @ 13:25 [21. 03. 08]

Quadriga Capital Russia, a Russia-based private equity fund managed by Quadriga of Germany is negotiating a sale of its 35% stake in Speech Technology Center (STC), a St.Petersburg-based developer of speech recognition technologies, says business daily newspaper Kommersant. The acquisition could value STC at over $100 million. The leading mobile phone maker Nokia and speech […]

Meet VC Investor Behind PlateSpin Acquired by Novell For $205 Million

Files under: Inside View, News, Tech
Posted by: Yakov @ 00:58 [26. 02. 08]

Novell announced today it agreed to acquire virtualization data center management software vendor PlateSpin for $205 million. The company raised about $10 million in venture funding in total of which $7.4 million round in November 2005 was led by Scott Maxwell, the managing partner of OpenView Venture Partners and formerly managing director at Insight Venture […]