Japanese have distinguished Abbyy
Fujitsu has bought 5 % of the Russian company
As it became known daily, Japanese company PFU limited ( a daughter Fujitsu) has redeemed a minority package in David Yana company - Abbyy. It is noticed that this strategic partnership and the further increase in a share of the Japanese shareholder is not planned. The bought package makes less than 5 % of actions and could, according to experts, to manage to Japanese firm in 100 million dollars
that the manufacturer of electronic dictionaries and raspoznavatelej text Abbyy has changed structure of shareholders, have told daily sources in the market of manufacturers of the software and the general director of the company Sergey Andreev has confirmed. According to the interlocutor daily, Japanese company PFU limited has redeemed in Russian Abbyy less than 5 % of actions. Thus the share in the company has been transferred not in a course dopemissii, and at the expense of reduction of a share of one of shareholders. Who has acted as the counterpart under the transaction and how many the offer sum has made, does not reveal. Market experts consider that transaction cost could make 100 million dollars, the general estimation of the company - 2 mlrd dollars
After transaction end in structure of shareholders of the company remain the majority shareholder and the founder David Jan, fund private equity Mint Capital (hardly less than 10 %) and minority shareholder Fujitsu PFU limited (less than 5 %), and also the employees of the company owning options.
As general director Abbyy Sergey Andreev marks, its company works for a long time already with Fujitsu PFU limited and has some joint projects. in particular, we deliver the software to their multipurpose industrial scanners, and also we serve joint cloudy the project so purchase of a minority share from party PFU limited expresses only their interest in our success. The further increase in a share from their party in our company it is not supposed - makes comments on a situation g - n Andreys.
the Partner of fund Foresight Ven tures Andrey Kazakov believes that the situation can repeat recent acquisition of a share in company Acumatica from company Visma. When in structure of shareholders the strategic investor having potential possibility later to redeem the big share holding is supposed. However in this case speech, most likely, goes that one of shareholders has sold a part of the share in the company - the expert speaks.