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The Russian Perspective

May 13, 2014

Russia breaks into world top-50 for IT-readiness

Russia has broken into the top-50 of the World Economic Forum’s Networked Readiness Index for the first time, rising from 54th to 50th place

May 08, 2014

Russian and Ukrainian VCs team up to invest in US software startup

As Russia and Ukraine were escalating to a new level of mutual threats and recriminations earlier this week, venture funds offered a welcome illustration that nationalism has not completely spoiled relations between the two countries

May 07, 2014

Maxfield Capital acquires minority stake in Parallels

Last week Maxfield Capital, a Moscow-based $100 million venture fund, announced it had acquired a minority stake in Parallels in exchange for a capital injection of “more than $5 million”

May 06, 2014

Top Nizhny University Projects Set to Make Splash in U.S.

Lobachevsky UNN, the largest university in Nizhny Novgorod, in Russia’s mid-Volga area, is introducing its best young innovative companies later this month to the business and academic communities in the U.S. state of Maryland

Apr 18, 2014

Global technology distributor Ingram Micro invests in Parallels in new alliance

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

Apr 10, 2014

Russian internet giants seek center stage in capital markets

The Russian Internet, popularly known as the Runet, turns 20

Apr 10, 2014

Russian TV gear maker acquires Portuguese IT assets, eyes new markets

GS Group, a St. Petersburg-based industrial holding with vested interests in telecommunications, has bought into Novabase, the leading IT player in Portugal, and is paving the way for a major expansion in Western Europe and Africa

Apr 09, 2014

Facebook Pays Russian Hackers More

Facebook has paid Russian hackers $150,000 over the last year for discovering a number of vulnerabilities in the social network as part of its Bug Bounty program

Apr 09, 2014

State-owned corporation Rostec acquires stake in Yota Devices while YotaPhone goes on sales in UK

YotaPhone, Russia’s first Android-powered dual-screen (LCD and EPD) smartphone supporting GSM, 3G, and LTE standards, is now available in the UK for £419

Apr 07, 2014

iMotion Secures $18.5 million dollars from RVC and DI Group

Russian startup iMotion, which has developed a controller that monitors the movement of objects, has received investments totaling $18.5 million from the RVC Seed Fund and the Dejager Investment Group

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