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Federal Investigators Voice Worries About AOL’s Sale Of ICQ To Russia’s DST

Jun 15, 2010 5:01 PM

An arm of the U.S Treasury is looking into concerns about AOL’s pending $187.5 million sale of instant messaging service ICQ to Russian investment group Digital Sky Technologies, due to fears that criminal investigations could be compromised, the FT reports (registration req.). ICQ, which was founded and run from Israel,…

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Posted In: Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, AOL, Countries, Europe, Russia, Middle East / Persian Gulf, digital sky technologies, icq

AOL Sells IM Service ICQ To Russia’s DST For $187.5 Million

Apr 28, 2010 7:52 AM

As expected, Russian investment group Digital Sky Technologies says it has reached an agreement with AOL (NYSE: AOL) to buy its instant messaging service ICQ for $187.5 million. DST, which has investment in Facebook and Zynga; South African media giant Naspers, which holds a 30 percent stake in China’s Tencent,…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, AOL, Countries, Europe, Russia, Middle East / Persian Gulf, icq

Rise of Russians: Rambler Bidding For ICQ; Quintura in Sale Talks With LexisNexis & ProQuest

Feb 15, 2010 6:42 PM

The race to buy IM service ICQ from AOL (NYSE: AOL) is heating up. Last week came the news about some possible buyers: Russian investment group Digital Sky Technologies, which has investment in Facebook and Zynga; South African media giant Naspers, which holds a 30 percent stake in China’s Tencent;…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Search, Companies, AOL, Countries, Europe, Russia, icq, quintura, rambler

Facebook Investor DST May Try To Corner Russian IM Market By Acquring AOL’s ICQ

Dec 13, 2009 8:28 PM

Now that AOL (NYSE: AOL) CEO Tim Armstrong has said the most he’ll do with MapQuest is an operational partnership, not a sale, it looks like instant messaging service ICQ could be at the top of the sell list—and, according to multiple reports, Russia’s Digital Sky Technologies (DST) is interested.…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, AOL, Bebo, Time Warner, Countries, Europe, Russia, digital sky technologies, icq

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