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Advance Capital is pleased to announce the the sale of a controlling stake in the Russian developer of video conferencing solutions VINTEO to MTS Link (MTS subsidiary).

VINTEO is a Russian company founded in 2013 that develops video conferencing solutions. VINTEO flagship product is the MCU (Multipoint Control Unit) video conferencing software server based on the Linux operating system. The product is designed for on-premise deployment and allows one to create a secure video conference infrastructure both from scratch and using existing systems.

VINTEO is particularly strong in the Enterprise segment, where it is required to implement a mass connection scenario while maintaining a high level of control and security over the video conference. VINTEO clients comprise a lot of leading Russian corporations and government agencies. What is more, one of the key advantages of VINTEO software is its high compatibility with Cisco and Polycom terminal equipment and servers. In addition, VINTEO offers its own line of subscriber equipment for video conferencing.

Advance Capital acted as the exclusive financial advisor to VINTEO shareholders. Nikolskaya Consulting Law Firm served as the seller's legal adviser.

Deal value is not disclosed.

Roman Samoylov, VINTEO Director:

‘We hope that MTS Link and VINTEO alliance will become a powerful technological synergy that will offer the market truly high-quality and affordable video communications solutions. Within the framework of this partnership, VINTEO remains an independent business unit with its own brand, team and operational activities. We plan to build long-term relations with distributors and system integrators, and we will continue to expand our products functionality, including through integration with other Russian vendors solutions’.

Evgeny Antipov, Advance Capital Managing Director:

‘We are pleased that Advance Capital team participation helped to close this landmark deal in a very saturated Russian video conferencing market. We are confident that each of the parties to the transaction (MTS Link and VINTEO) combination of technologies, expertise and capabilities will significantly strengthen VINTEO's position in server solutions for video conferencing market. What is more, there is a rich field for new joint solutions outside this segment’.