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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., Mar. 28, 5:53 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #50. Yandex KitLocate

Acquirer: Yandex (NASDAQ:YNDX)
Acquiree: KitLocate
Details: Yandex (Nasdaq:YNDX) has purchased Israeli startup KitLocate, the developer of an energy-efficient geolocation technology for mobile devices. The KitLocate team has now fully joined the staff of Yandex.

Yandex is a holding company. Through its subsidiaries, Co. is a technology company. Co.'s segments include: Search and Portal, which includes Search, Mail 360, Weather, News, Uslugi, Travel, Alice voice assistant and number of other services provided in Russia, Belarus and Kazakhstan, as well as its Devices business (Internet of Things); Yandex.Market, which includes its price comparison service, e-commerce marketplace and several small experiments; Media Services, which include its subscription service Yandex Plus, Yandex Music, KinoPoisk, Yandex.Afisha and its production center Yandex.Studio; and Classifieds, which include Auto.ru, Yandex.Realty, Yandex.Jobs, and Yandex Classifieds.

Open the YNDX Page at The Online Investor »

Company Name:  Yandex NV
Stock buyback:  YNDX buyback
Website:  www.yandex.ru
Sector:  Application Software
Number of ETFs Holding YNDX:  11
Total Market Value Held by ETFs:  $12.99M
Total Market Capitalization:  $6.03B
% of Market Cap. Held by ETFs:  0.22%
 

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March 28, 2024    5:53 AM Eastern
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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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