Page 9 - bne_Tech_07_2020

Investment
July 2020 www.intellinews.com I Page 9
“Microsoft's offer for our stake in CyberX significantly exceeded our minimum required return, and it was also a 100% buyout based on an agreement between all shareholders, which is combined with a special bonus. We are pleased that the buyer will guarantee the continuity and acceleration of the development of security products, which our parent company CEZ can also use in the future,” commented CEO of Inven Capital Petr Mikovec.
According to Mikovec, Microsoft's offer significantly exceeded the minimum required return. This was also a 100% buyout based on an agreement between all shareholders.
Russian Medsi private clinics to buy into AI developer
Russia's largest private healthcare clinic operator Medsi bought 12.5% of the medical AI developer Platforma Tretye Mneniye (PTM) for an undisclosed amount, Kommersant daily reported citing the representatives of the company.
As reported by bne IntelliNews, Medsi is controlled by multi-industry investment conglomerate AFK Sistema and could push back its previous IPO plans from 2021 to 2022.
Integration of the PTM solutions into Medsi's operations would allow improvement of the monitoring of coronavirus (COVID-19) patients' condition, as well as cutting personnel costs in the longer run.
PTM was registered in 2017 and is owned by Anna Mesheryakova and Vadim Konushin (79.2% and 20% respectively). The AI solutions of the
“We are pleased that the buyer will guarantee the continuity and acceleration of the development of security products, which our parent company CEZ can also use in the future,” Mikovec added.
Inven Capital is a venture capital fund of the CEZ Group with the support of the European Investment Bank (EIB). EIB financing is provided by the European Fund for Strategic Investments (EFSI).
CyberX was Inven Capital’s second Israeli investment after Driivz, which offers a modular system for managing charging station networks with a range of services for charging infrastructure operators and electric car users.
developer are already being tested by over 20 healthcare providers in Russia, Medsi told Kommersant.
In 2018 Medsi became the market leader in private healthcare, beating the MD Medical Group (Matj i Detya, MDMG) in terms of revenues as the competition in the private segment heated up.
Medsi's strategy is to double the number of clinics by 2023, both organically and through acquisitions, with St Petersburg being one of its top priority locations.
Previously in 2020 the smart healthcare sector saw another two deals, with Gazprombank acquiring a minority stake in the Ekspert healthcare chain, and Russia's development bank VEB.RF Ventures investing in remote healthcare provider Doctor Ryadom.