15 posts and columns on Yandex
News Bytea deal with Microsoft to become the default search engine on Windows Phone-based handsets in Russia, Yandex is bolstering its mobile technology with an acquisition. The Russian search giant has purchased SPB Software, the mobile software outfit responsible for, among other things, Shell 3D, a popular Android home-screen replacement app. No purchase price was given, though sources put it at about $37 million.
Zynga is poised to file for its initial public offering, according to sources close to the situation, as early as this week, or next week at the latest. The San Francisco-based online gaming company’s valuation in its last round of funding was $10 billion, but it is likely to price itself higher in an offering, given the recent series of strong IPOs for Internet companies.
News Byteexpected, Yandex, the so-called Google of Russia, has filed to go public on NASDAQ. The search company hopes to raise $1 billion, and reported $143 million in net income last year based on revenues of $440 million, almost exclusively from advertising. It had previously planned to go public in 2008.