M&A Deal Summary

Mail.ru Group Acquires ICQ

On April 28, 2010, Mail.ru Group acquired internet software and services company ICQ from AOL for 188M USD

Acquisition Highlights
  • This is Mail.ru Group’s 1st transaction in the Internet Software and Services sector.
  • This is Mail.ru Group’s largest (disclosed) transaction.
  • This is Mail.ru Group’s 1st transaction in the United States.
  • This is Mail.ru Group’s 1st transaction in Virginia.

M&A Deal Summary
Date 2010-04-28
Target ICQ
Sector Internet Software and Services
Buyer(s) Mail.ru Group
Sellers(s) AOL
Deal Type Divestiture
Deal Value 188M USD

Target

ICQ

Dulles, Virginia, United States
ICQ is the leading instant messaging service in Russia and a number of other international markets. Available in 16 languages, ICQ has more than 32 million unique visitors per month. Approximately 80 percent of ICQ users are between the ages of 13 and 29 and spend an average of more than five hours a day connected to the service, according to internal data. ICQ has built a successful presence in markets like Russia, Germany, Czech Republic and Israel.

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Buyer(S) 1

Buyer

Mail.ru Group

Limassol, Russia
Category Company
Founded 1998
Sector Internet Software and Services
Revenue 132.8B RUB (2023)
DESCRIPTION

Mail.ru Group is an Internet company in the Russian-speaking world and the leading Internet company in Russia, based on global monthly unique users. Mail.ru Group was founded in 1998 and is based in Limassol, Russia.

DEAL STATS #
Overall 2 of 12
Sector (Internet Software and Services) 1 of 8
Type (Divestiture) 1 of 3
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2010) 2 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-16 Astrum Nival

Russia

Astrum Nival LLC is an prominent Russian online game development studio responsible for Allods Online.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-03 RuTwit.ru

Russia

RuTwit.ru is a provider of microblog services. The company allows a service which permits to publish twits, messages of up to 140 digits long with photo, audio, video and geographical map.

Buy -

Seller(S) 1

SELLER

AOL

New York, New York, United States
Category Company
Founded 1985
Sector Internet Software and Services
Revenue 2.3B USD (2013)
DESCRIPTION
AOL office in Palo Alto, California.
AOL office in Palo Alto, California.

AOL is a media technology company that produces, distributes, and monetizes by connecting publishers with advertisers on its global, programmatic content and advertising platforms. AOL was formed in 1985 and is based in New York, New York.

DEAL STATS #
Overall 4 of 11
Sector (Internet Software and Services) 2 of 4
Type (Divestiture) 2 of 6
State (Virginia) 1 of 1
Country (United States) 4 of 11
Year (2010) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-25 StudioNow

Nashville, Tennessee, United States

StudioNow is a video production company by developing a technology platform for marketers and agencies, internal studios, procurement departments, etc. It also offers a Production Marketplace. StudioNow was founded in 2007 and is based in Nashville, Tennessee.

Buy $37M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-17 Bebo

San Francisco, California, United States

Bebo was founded in 2005 byMichael & Xochi Birch. It provides social network services.

Sell -
Mergr

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