Yandex and VK are discussing the creation of a joint venture that could combine the large corporate IT assets of the two companies. One of the options being considered involves VK Tech, Yandex Cloud, Yandex 360, and one of Yandex's AI assets participating in the JV. This is reported by RBC sources.
Negotiations have been ongoing for more than two months. However, the final composition of assets has not yet been determined. According to one scenario, Yandex's and VK's shares in the new structure will be 50% each, and OOO "BTB Tech" may become the legal platform.
The potential merger affects fast-growing areas of both companies. Yandex B2B Tech's revenue in the first half of 2026 grew by 32% to 28.9 billion rubles. VK Tech's revenue for the same period increased by 35.3% to 9 billion rubles.
At the same time, the companies are strong in different segments. Yandex develops cloud infrastructure, AI, and data management tools, while VK Tech offers corporate software, communication services, and business solutions. Negotiations are not yet complete.
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