Russian Arbyte it is sold to Americans

Company Sparxent, the American developer of IT Decisions for average business, declared on June, 10th end of acquisition of company Arbyte Group, the Russian supplier of IT Services, and also RIkkon – the Russian consulting firm which have entered in Arbyte. After end of transaction Arbyte has kept legal and economic independence.

The given merge, are assured in Sparxent, will allow group of the companies to expand the technological examination in the field of professional IT Services, to expand a portfolio of offers for the companies of average business and presence in territory of the Eastern Europe. As investor Sparxent the American venture fund vSpring Capital acts.

Thanks to cooperation with Sparxent our company can offer clients new decisions for optimisation of their IT Infrastructures, - has noted. Oleg Kukushkin. , president Arbyte, having added also that the given transaction will allow Arbyte to expand a field of activity, to enter the new markets.

Arbyte specialises on deliveries of hardware maintenance and granting of services of IT Consulting to the companies of the average size. We will remind that in 2007 this company, actually, has absorbed collective of employees Klondike Kompjuters, earlier the activity. In turn, RIkkon offers services on the basis of Microsoft Dynamics AX, including the analysis of business processes, operational and financial consulting, management of relations with clients and planning of corporate resources. Total number of employees Arbyte and RIkkon makes approximately 150 persons, and a cumulative annual turnover – about $40 million Becoming part Sparxent, Arbyte has kept legal and economic independence. Financial conditions of merge are not disclosed.

Analysts also find it difficult to estimate the given transactions: absorption Arbyte was proanonsirovano prior to the beginning of an active stage of crisis in Russia, but world financial crisis already went at full speed that could put pressure upon company cost.

Arbyte is the closed company, the information on its financial indicators is absent, - speaks. Alexey Kurasov.

, expert Finam. - Besides, much depended on transaction structure – for example, not clearly, whether absorption RIkkon was considered in it. If to consider the companies together and to estimate them, proceeding from animators of last year, they would can to cost $25-30 million However, according to an analyst, time for sale has been chosen quite good – taking into account tendencies in the IT Market, including in a segment of the average enterprises, now the sum of transaction for Arbyte would be on 20-30 % more low.