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Boston FBI warns US tech community of possible scams by “malicious Russian investors”

Boston FBI warns US tech community of possible scams by “malicious Russian investors”

Apr 18, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News In a bid to “educate the private sector and raise awareness about economic espionage and cyber counterintelligence,” FBI special agents Lucia M. Ziobro and Vincent B. Lisi warned Boston-area businesses and academic institutions...
Microsoft pledges $1 million for Moscow University-based computer vision and big data research

Microsoft pledges $1 million for Moscow University-based computer vision and big data research

Apr 16, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News April 16, 2014 Microsoft and Lomonosov Moscow State University (MSU; Russian MGU), Russia’s most renowned institution of higher learning, shook hands earlier this month on a joint $1 million research project, the US company announced. The...
Global technology distributor Ingram Micro invests in Parallels in new alliance

Global technology distributor Ingram Micro invests in Parallels in new alliance

Apr 14, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Parallels, a global provider of cloud enabling and desktop virtualization solutions founded by a Russian team in 1999, announced last week an expansion of its strategic alliance with technology distributor Ingram Micro Inc. Not only will Ingram...
Russian VC fund backs Finnish solution for mobile sharing of TV moments

Russian VC fund backs Finnish solution for mobile sharing of TV moments

Apr 11, 2014 | Central & Eastern Europe, News, Russia

GS Venture, the one-year-old venture arm of GS Group, has announced its first international investment. Set up last summer to “support entrepreneurial innovators and startup teams” in Russia, the fund decided to establish presence in Finland with a €200,000 injection...
St. Petersburg educational gaming app publisher FlexyMind secures Series A funding round

St. Petersburg educational gaming app publisher FlexyMind secures Series A funding round

Apr 7, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News April 7, 2014 Last month St. Petersburg startup FlexyMind closed its second round of funding with an investment from RWM Capital, a Russian fund management firm, for further development of its educational gaming apps for mobile devices, reported...
Evraz Sells Czech Steel Plant For $98M Plus Debt

Evraz Sells Czech Steel Plant For $98M Plus Debt

Apr 4, 2014 | Central & Eastern Europe, News, Russia

Moscow Times April 7, 2014 Russia’s largest steel producer Evraz has sold its Czech subsidiary, Vitkovice Steel, for $89 million to a group of private investors, as it continues to unload assets and cut costs. The buyers also took on the plant’s debt of...
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