June 11th, 2008

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