Facebook was $200 million investment in Russian network company

Facebook was $200 million investment in Russian network company

                May 27th Beijing time news, social networking site Facebook said, from a Russian network company received a $200 million equity investment, the valuation of the transaction on the site for $10 billion.The

website said in a statement, the Russian company Digital Sky Technologies (Digital Sky Technologies) acquired 1.96% of the shares of ownership, and plans to buy the site at least 100 million dollars worth of common shares from existing shareholders Facebook.

but the digital sky won’t get a seat on the board of Facebook.

October 2007, Microsoft Corp (MSFT) invested $240 million acquisition of Facebook’s 1.6% stake in the site’s valuation of $15 billion.

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