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New Deal


Announced

MTS to acquire VisionLabs for $95m.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Software

Russian Federation

visual recognition software

Private

Acquisition

Pending

Single Bidder

Friendly

Domestic

Synopsis

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MTS, a mobile operator, agreed to acquire VisionLabs, a biometrics company, for $95m. “With MTS AI, we are creating a powerful center of excellence in artificial intelligence, which will bring together strengths across people, expertise, and product development. The acquisition of VisionLabs will reinforce our AI product portfolio in the promising computer vision space, which will enable us to further enhance the potential of the MTS digital ecosystem, as well as deliver world-class solutions for corporate clients in both Russia and abroad,” Viacheslav Nikolaev, MTS President and CEO.

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