Advance Capital is pleased to announce the sale of a controlling stake in VINTEO, a Russian developer of video conferencing solutions. The buyer is MTS Link, a subsidiary of MTS.
VINTEO is a Russian developer of professional video conferencing (VC) solutions, founded in 2013. The company’s flagship product is the VINTEO MCU (Multipoint Control Unit), a software-based video conferencing server built on the Linux operating system. The solution is designed for on-premise deployment and enables the creation of a secure VC infrastructure either from scratch or based on existing systems. VINTEO has particularly strong positions in the enterprise segment, where large-scale connections are required while maintaining a high level of control and security over video conferences. The company’s clients include a wide range of major Russian corporations and public sector organizations. A key advantage of VINTEO’s software is its high compatibility with Cisco and Polycom endpoints and servers. VINTEO also offers its own line of video conferencing endpoint equipment.
Roman Samoylov, Director at VINTEO:
“We expect the partnership with MTS Link to create strong technological synergy and deliver high-quality and affordable video communication solutions to the market. VINTEO will remain an independent business unit, retaining its brand, team and operational independence. We plan to continue developing long-term relationships with distributors and system integrators and to further expand the functionality of our products, including integration with solutions from other Russian vendors.”
Evgeny Antipov, Partner and Managing Director at Advance Capital:
“We are pleased that, with the involvement of the Advance Capital team, this landmark deal was completed in the highly competitive Russian video conferencing market. We believe that the combination of technologies, expertise and capabilities of both parties will significantly strengthen VINTEO’s position in the segment of server-based VC solutions. In addition, the partnership may lead to the development of compelling joint products beyond this segment.”
Advance Capital acted as the exclusive financial advisor to the shareholders of VINTEO, Nikolskaya Consulting served as the legal advisor.
The deal value is not disclosed.