The Russian market is still holding strong as a leader in global M&A. This is partly maintained by the regular activity of main players like Mail.ru, Luxoft, and telecom giants like MegaFon and MTS.

Last year we saw Russian deal value in the tech sector almost double over 2011, reaching beyond $16 billion total. Outbound deals escalated dramatically as well, going from 9 in 2011 to 15 in 2012. These numbers add up to Russian holding approximately 15% of worldwide tech M&A.

We’ve also seen Russia going public with IPOs on international stock exchanges, including several deals last year going public on Western exchanges, including MegaFon and Luxoft.

Russia is also in the top 5 Euro nations for VC tech funding, and it’s in its strongest position in that sector since 2008.

All in all, a lot to watch, and a lot to be excited about when we look at this dynamic, powerful expansion.