2011-05-23: YNDX, Yandex N.V.

Remark
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IPO Date & Price
Symbol: YNDX, Yandex N.V.
IPO Date: 2011-05-23
Offer price/share: $25 x 52.2M = $1305M

Underwriters
Joint Book Runner: Morgan Stanley, Deutsche Bank Securities, Goldman, Sachs & Co.
Co Manager: Piper Jaffray, Pacific Crest

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 2,677
Founded: 2000

Russia's leading online search engine

Yandex N.V. operates an Internet search engine in Russia. It offers access to a range of information available online; email and personalized services, including email, photo, Website, and blog-hosting services; maps and location-based services comprising map service, road traffic congestion monitoring, maps of metro systems, panoramic photo images of streets and towns, and user-generated map services; and downloadable applications and services for mobile and digital platforms and devices. The company also provides desktop applications consisting of specialized toolbar for Web browsers, Russian-to-English and English-to-Russian keyboard layout switcher, online notification service, and customized browser versions; and server applications for indexing and searching files in various formats, as well as an anti-spam technology designed for corporate users and Internet service providers. In addition, it offers specialized search services, such as news aggregation and information services, price comparison services, image and video search services, directory of Websites, weather reporting services, music streaming services, a reference and multi-language translation tool with spellchecker, a TV program guide, blog search tools, tour planning services, job and property search services, and a search service allowing users to access aggregate classified ads and other information, including user reviews for new and used cars, as well as service for searching for theatrical events. Further, the company provides other specialized search services comprising a financial products service that allows users to search for and compare various financial products and services; a service, which aids users in comparing bank deposit interest rates, credit products, car loans, and mortgages; and a demo version of the Uniform State Exam, the Russian equivalent of the SAT college admission test. Yandex N.V. was incorporated in 2004 and is headquartered in Moscow, the Russian Federation.

Yahoo: http://finance.yahoo.com/q/pr?s=YNDX