Facebook Interested in Russian Social Network of Cinemas

CinemaWell.com, a fledging Russian online cinema developed in the city of Yekaterinburg, has created a social network of cinemas that connects filmmakers with the audience. This startup, which enables users to watch and discuss online films with a selected group of people, has attracted Facebook’s attention.

EPAM Acquires Great Fridays, Product and Service Design Company


Nov 12 2014

EPAMEPAM acquired British company Great Fridays for $ 11.8 million. The company’s investor is a singer and musician Peter Gabriel.

Luxoft Acquires Radius Inc., a Next Generation Technology Solution Provider Focused on IoT


Oct 16 2014

Luxoft Holding, Inc , a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has acquired Radius Inc., a U.S.- based solution provider focused on the growing Internet of Things (IoT) industry.

EPAM Buys Russian-American Software Developer


Jun 11 2014

EPAMEPAM Systems announced the purchase of GGA Software Services, a U.S. company with a development unit in St. Petersburg, reports Cnews.ru.

Atos Buys Stake in Gazprom Neft and SIBUR Subsidiary

Feb 26 2014

Atos International is considering buying into the IT company ITSC, which is owned by Gazprom Neft and SIBUR, through the acquisition of shares in the latter, the company said.

Russia Partners Sells EPAM Shares

Nov 28 2013

EPAM SystemsRussia Partners, a pioneer in private equity investing in Russia and the CIS, this month sold 8.9 percent of its shares in EPAM. The transaction was worth $142.25 million, according to documents posted on the website of the U.S. Securities Exchange Commission (SEC).

Return on Intelligence Merges with Exigen Services

Jun 28 2013

Philadelphia-area based, Return on Intelligence, Inc., an IT management consulting firm with deep experience leveraging knowledge and technology to help clients plan and execute core system transformations, announced its merger with Exigen Services.

Russia’s Luxoft Buys U.S. Software Developer

Apr 25 2013

Russian software development outsourcer Luxoft, part of the IBS Group, has announced its acquisition of US-based Freedom OSS, Cnews reported Wednesday.

Russian Software Developer Buys US Firm

Sep 25 2012

ABBYYABBYY, a Russian developer of software products in the field of pattern recognition and document capture, linguistics and translation, acquired the U.S. company Digital Documents…

Quest Software Handed to Dell for $2.4 billion

Jul 3 2012
Computer maker Dell Inc., in a move to strengthen its software business in the face of declining PC sales, has just acquired Quest software for $2.4 billion. The deal ends a months-long bidding war that saw offers for the California-based company rise from an initial bid of $2 billion. According to the L.A. Times, Dell plans to make Quest...

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