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All posts tagged "ICQ"

  • South Africa, Naspers and the Facebook connection

    Emerging market internet media giant Naspers has announced that it will acquire a 28.7% stake in Digital Sky Technologies (DST), the Russian internet company that has invested in Facebook, social network game creator Zynga and owns the mature instant messaging service, ICQ. Naspers said it will be investing $388-million via its international investment arm MIH, and contribute its 39.3% stake of Mail.ru, Russia’s biggest email and communications provider, to DST. Naspers is a US$15-billion South African media company focused on internet investments in emerging markets. Apart from various internet investments in Asia, Eastern Europe, India and South America, the company...