Yandex and the Lanit group of companies are leaving the joint venture for the production of OpenYard servers and selling their shares to a “group of private investors,” Yandex said in a statement. Their names are not revealed.
The company will retain production near Ryazan, rights to technological developments, a team of employees and the OpenYard brand.
OpenYard was created in 2021. At the end of June 2023, Yandex reported that the partners were looking for buyers for their shares. The company explained that the market situation has changed and Yandex wants to focus on its core activities.
OpenYard designs servers, storage systems, gateways and smart device components. The products are planned to be produced at our own plant on the territory of the Ryazansky industrial park.
As reported, Yandex will develop its key technologies and businesses, Lanit will also continue to engage in software integration, development and implementation businesses, distribution and development of its own software products.
OpenYard was created in 2021 by Yandex, Lanit, VTB and Taiwanese computer equipment manufacturer Gigabyte. In October of the same year they announced that they would invest more than one billion rubles in the construction of a plant near Ryazan.
Author:
Anastasia Marina
Source: RB
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