Aleinikov&Partners law firm has advised MAPS.ME on its full takeover by Mail.Ru Group.
MAPS.ME is a Belarusian maker of map apps and other navigation services based on OpenStreetMap data and with the ability to work offline.
The purchase will let Mail.Ru Group better compete with Google Inc. and Russia’s Yandex, which have had their own map services for years. "Adding the MAPS.ME team to work together on our global expansion was a strategic move,” said Dmitry Grishin, Co-Founder and CEO of Mail.Ru Group.
“Mail.Ru Group is a natural fit for MAPS.ME. They completely share our vision of open data and its role in the development of innovative technology,” said Yury Melnichek, Co-Founder and CEO of MAPS.ME.
Aleinikov&Partners team was led by partner Dmitry Matveyev.
Co-founder of MAPS.ME
Outstanding lawyers with great understanding of transactions in the field of IT, in particular M&A.
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