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Announced

Completed

Rostelecom closes acquisition of stake in National Technologies.

Financials

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Transaction Value-
Consideration Type-
Capital Owned2%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software development

Acquisition

Completed

Private

Russian Federation

Software

Minority

Synopsis

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Russian national operator Rostelecom closes acquisition of stake in National Technologies. State-owned corporation Rostec owns 51% of NT. Financial terms were not disclosed. The new joint venture will be focused on development of support and supplies of software and hardware for data storage systems. The systems will be used for the implementation of the country's data retention law, also known as the anti-terrorism Yarovaya law.

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