Add-on Acquisition • Internet Software and Services

VK Company Acquires VKontakte

On September 16, 2014, VK Company acquired internet software and services company VKontakte

Acquisition Context
  • This is VK Company’s 3rd transaction in the Internet Software and Services sector.
  • This is VK Company’s 3rd transaction in Russia.

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M&A Deal Summary

Date September 16, 2014
Target VKontakte
Sector Internet Software and Services
Buyer(s) VK Company
Deal Type Add-on Acquisition

Target Company

VKontakte

Saint-Petersburg, Russia
VKontakte Ltd. is a social network provider in russian speaking world with over 69 million registered users With over 14 million visitors per day.
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Buyer Overview 1

Buyer

VK Company

Limassol, Cyprus

Category Company
Founded 1998
Sector Internet Software and Services
Revenue 147.6B RUB (2024)
DESCRIPTION

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


Deal Context for Buyer #
Overall 4 of 12
Sector: Internet Software and Services 3 of 8
Type: Add-on Acquisition 3 of 7
Country: Russia 3 of 9
Year: 2014 1 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-13 Maps.me

Zurich, Switzerland

Maps.me is a map app that provides offline maps for various mobile devices, based in Zurich, Switzerland.

Buy руб.542M