M&A Deal Summary

VEON Acquires OTM

On June 16, 2021, VEON acquired information technology company OTM

Acquisition Highlights
  • This is VEON’s 1st transaction in the Information Technology sector.
  • This is VEON’s 1st transaction in Russia.

M&A Deal Summary
Date 2021-06-16
Target OTM
Sector Information Technology
Buyer(s) VEON
Deal Type Add-on Acquisition

Target

OTM

Moscow, Russia
website
OTM is a technology platform for the automation and planning of online advertising purchases. OTM includes a full stack of programmatic products (DSP, SSP, DMP, AdExchange, Antifraud, Smart Switch). OTM was founded in 2010 and is based in Moscow, Russia.

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Buyer(S) 1

Buyer

VEON

Amsterdam, Netherlands

website

Category Company
Founded 1992
Sector Communications
Employees16,422
Revenue 3.8B USD (2022)
DESCRIPTION

VEON is a provider of telecommunication services. VEON provides more than 200 million customers with voice, fixed broadband, data, and digital services. VEON was founed in 1992 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 4
Country (Russia) 1 of 2
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-15 Wind Telecom

Rome, Italy

WIND TELECOM S.p.A.(formerly Weather Investments S.p.A.)is an international telecommunications company offering mobile, fixed, internet and international communication services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-06 National Tower

Russia

National Tower operates a portfolio of approximately 15,400 mobile network towers in Russia. National Tower is based in Russia.

Sell $970M
Mergr

Product

Company

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