US cloud computing firm gets $7.5 million from VTB Capital

East-West Digital News 21 Feb 2012 The invest abroad trend among Russian financial institutions was demonstrated again yesterday by a $7.5 million capital injection in Eccentex, a California-based cloud computing solutions provider for dynamic case management. The...

Ozon.ru acquires online shoe retailer Sapato.ru

East-West Digital News 16 Feb 2012 Asserting its leadership in the fast-growing Russian e-commerce market, Ozon.ru confirmed yesterday the full acquisition of leading online shoe and accessory retailer Sapato.ru for an undisclosed amount, partly paid with shares....

IM+ Finam to launch German mobile IM app in Russia

East-West Digital News 16 Feb 2012 Finam Capital, the venture arm of the largest Russian brokerage and investment holding, will invest $10 million to release a special version IM+ in Russia. IM+ is a popular instant messenger made by German mobile app publisher Shape....