forticom

  • DST completes purchase of Odnoklassniki.ru, exits Nasza-Klasa.pl

    DST completes purchase of Odnoklassniki.ru, exits Nasza-Klasa.pl

    Internet investment group Digital Sky Technologies (DST) today formally announced the acquisition of Russian social network Odnoklassniki.ru, which we reported on last week. DST has bought out out the minority shareholders in Forticom Group Limited – which it now fully owns – and Odnoklassniki, and interestingly transferred its interest in the Polish social network Nasza-Klasa.pl… Read More

  • DST Tightens Its Grip On Russian Social Networking Scene Amidst IPO Plans

    Internet investment group Digital Sky Technologies (DST) today formally announced the acquisition of Russian social network Odnoklassniki.ru, which we reported on last week. DST has bought out out the minority shareholders in Forticom Group Limited – which it now fully owns – and Odnoklassniki, and interestingly transferred its interest in the Polish social network Nasza-Klasa.pl… Read More

  • Central European asset roll-up as Naspers looks to buy Forticom

    Central European asset roll-up as Naspers looks to buy Forticom

    It looks like some major consolidation is about to go down in the Central European Internet market, and in particular Poland. According to local newspaper reports, the largest Internet group in the region, Naspers/MIH Group, is conducting due diligence of assets belonging to DST (Digital Sky Technology)-owned holding Forticom. Naspers/MIH Group and DST already together own the largest… Read More

  • Modeling The Real Market Value Of Social Networks

    Modeling The Real Market Value Of Social Networks

    Is MySpace worth $3 billion, or $20 billion? It depends on how you value a user. It’s time to start comparing the big global social networks on something other than unique visitors and page views. I believe an effective way to value a particular user is based on the average Internet advertising spend per person in the country they live in. The higher the spend, the more value the… Read More

  • Estonia's Forticom Acquires Controlling Stake In Polish Portal For $92 million

    Estonia’s Forticom, which runs Lithuanian social network one.lt and owns a 25% stake in Russian social network Odnoklassniki.ru, has acquired a controlling stake in Polish web portal nasza-klasa for 200 million PLN, or about $92 million. This comes from a couple of reports – the Warsaw Business Journal says nasza-klasa has about 7.5 million monthly users and reported the price above. Read More