Digital Sky Technologies buys ICQ

Digital Sky Technologies, a Russian investment fund co-owned by Alisher Usmanov, bought ICQ, the instant messages service, from AOL, Interfax reports.

DST announced earlier that the two parties agreed on the price of $187.5m. According to Kommersant, the compromise was reached on July 8, 2010.

In fact, the U.S. law-enforcement agencies protested against selling ICQ to the Russian fund, since they believe ICQ is one of the main means of communications used by East-European crime groups.

Other materials on the topic::