MTS bought the developer of business video communication services Webinar. An independent source estimated the deal at 2 billion rubles. The acquisition will give MTS the opportunity to create a Russian counterpart to Zoom.
A representative from MTS told RB about the deal. The Federal Antitrust Service approved the deal, the company said.
"The acquisition of the undisputed Russian leader in the Webinar video communications segment will not only complement MTS' ecosystem of B2B services, but also give us the opportunity to create our own analog of the Russian zoom," said Inessa Galaktionova, First Vice President. for the Telecommunications Business at MTS.
An independent source estimated the deal at 2 billion rubles, MTS received a "significant" stake in the company. Webinar will continue to operate as a separate structure within MTS and will retain its management team.
Webinar develops solutions for business video communications. Among them are the meeting service Webinar Meetings, the Webinar platform Webinar, the We.Study training platform.
Webinar was founded in 2008. Over the past year, more than 22 million users have used the service products. The company's customer base includes more than 10,000 organizations.
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