Tech. M&A

Officially: Azerbaijani company Bakcell acquires Vodafone Ukraine for $734 million

On November 25, MTS, a Russian telecom company, officially announced the sale of its 100% stake in Vodafone Ukraine to Bakcell. The deal is structured as follows: MTS signed an agreement on the sale of telecom business with Telco Solutions

Sony acquires GSN with an office in Kyiv in a deal worth $380M

Sony, which owns a 58% stake of Game Show Network, bought the remaining 42% from AT&T for $380 million, as reported by WSJ. The deal makes Sony the sole owner of GSN. Reason for the deal In 2016, AT&T announced the acquisition

Consolidation in the small IT outsourcing market: Khmelnytskyi and Gorovoy company buys shares in two outsourcers and merges with the third

InSoft Software, a joint venture of investment companies UFuture of Vasyl Khmelnytskui and InSoft Partners of Vitaly Gorovoy, has closed two deals and merged three assets under the new brand. AIN.UA tells the details. Deal details InSoft Software increased its

Russian Playrix acquires Ukrainian Zagrava Games for an estimated $1M

Russian mobile games publisher Playrix acquired the Ukrainian studio Zagrava Games, reads the company’s press release. The deal Zagrava Games has been operating in Rivne since 2010. The company employs 60 people. The developed titles include The Hunt for Red

Syngenta agricultural company acquires Ukrainian IT firm Cropio

Swiss corporation Syngenta, producing agricultural products for seeds and plant protection, acquired the Ukrainian IT company Cropio. What Cropio does Cropio is developing the same-name agrotechnological platform for remote monitoring of the land, including monitoring through a satellite. A full

International AI giant acquires Ukrainian startup StepShot with annual revenues over $500k

Romanian-American IT company UiPath, offering software to automate routine business processes using computer robots, acquired Lviv-based startup StepShot. The terms of the transaction have not been disclosed, however, according to the details that the founders of the startup shared with

Armenian food delivery service Menu Group acquires Eda.ua and invests ₴100M towards development

International company Menu Group announced the acquisition of Ukrainian aggregator Eda.ua that previously was owned by Foodout Group. The amount of the deal was not disclosed. What will happen to Eda.ua Eda.ua team will join the new food delivery service

Israeli company Perion acquires Ukrainian AI startup Captain Growth for $3.75 million

Israeli company Perion Network announced the acquisition of a Ukrainian startup Septa Communications better known as Captain Growth. The amount of the deal is $3.75 million. Part of the money will be paid directly during the takeover of the company,

Ukrainian Genesis acquires OLX across five African markets for developing of its local business Jiji

The largest Nigerian classified ads site Jiji buys out part of African OLX business from Naspers. AIN.UA received this information from Genesis. What is Jiji Jiji is a portfolio asset of Ukrainian Genesis. This classified ads site that targets mobile