PRESS: Rostelecom could buy info security firm for 1 bln rbl by Jul - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Rostelecom could buy info security firm for 1 bln rbl by Jul

MOSCOW, Feb 7 (PRIME) -- Russian state-controlled telecom operator Rostelecom has started acquisition negotiations with Solar Security, a firm providing information security services, and could close a 1 billion ruble deal in AprilЦJune, RBC Daily reported on Wednesday, referring to several sources.

One of the sources said a preliminary agreement on the deal has been reached, and as details are settled, the matter will be put on the agenda of RostelecomТs board of directors and could be closed by July.

Rostelecom and Solar Security declined to comment.

Alexander Chachava, a managing partner of venture fund LETA Capital, is aware of the talks and said that Rostelecom is interested in various communications, IT, and state services directions as it tries to diversify and enters all growing segments. Rostelecom plans to offer information security services as well, he said.

Solar Security Уleads in some segments of the Russian market, for example, the company has one of the most successful commercial security operation centers,Ф monitoring and response to cyberthreats, Chachava said.

УBut the Russian market is not quite liquid, this is why the purchase of Solar Security, if it takes place, could stand at about U.S. $20Ц25 million, I think,Ф he said.

(57.2196 rubles Ц U.S. $1)

End

07.02.2018 10:03
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.2440 -0.1162 19 apr
USD 64.0688 +0.1238 19 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1255.93 -0.76 17:55 18 apr
micex 2550.86 -0.68 17:55 18 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 161.22 -1.70 17:38 18 apr
lkoh 5590.00 +0.11 17:39 18 apr
rosn 433.10 -0.78 17:39 18 apr
sber 231.85 -1.05 17:39 18 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.9125 -0.2875 14:59 18 apr
USDTD 63.8950 -0.3250 17:44 18 apr