Skolkovo’s influence extending to post Soviet countries

Special to East-West Digital News by Oleg Kouzbit in partnership with Marchmont News 28 Feb 2012 In a renewed round of innovation cooperation in the post-Soviet area, the Skolkovo Foundation, the Russian organization in charge of building a world-class technology hub...

Transtelecom acquires regional Internet provider Electro-Com

Marchmont News, East-West Digital News 23 Feb 2012 Transtelecom, or TTK, has purchased 100% of the shares of Electro-Com, an Internet provider working under the Spark brand, Telecom Daily reported earlier this week. The deal will reinforce TTK’s positions in the...

US cloud computing firm gets $7.5 million from VTB Capital

East-West Digital News 21 Feb 2012 The invest abroad trend among Russian financial institutions was demonstrated again yesterday by a $7.5 million capital injection in Eccentex, a California-based cloud computing solutions provider for dynamic case management. The...

Ozon.ru acquires online shoe retailer Sapato.ru

East-West Digital News 16 Feb 2012 Asserting its leadership in the fast-growing Russian e-commerce market, Ozon.ru confirmed yesterday the full acquisition of leading online shoe and accessory retailer Sapato.ru for an undisclosed amount, partly paid with shares....