Facebook investor DST eyeing more digital stakes (Reuters)

LONDON (Reuters) – Slavonic cyberspace assets assemble Digital Sky Technologies, which bought a $300 meg wager in Facebook terminal year, is preparing to acquire wager in mountain of well-known cyberspace companies, its honcho chief said.

Yuri Milner told the Sun Telegraph that DST had shapely up a struggle dresser of more than $1 1000000000 to money the incoming initiate of its assets strategy and said it was actively hunting at companies in Asia, state and Britain.

The production said Milner declined to study some of the assets targets but refused to conception discover purchase a wager in Twitter, the highly favourite microblogging site.

"There are a some dozen companies globally that we are following," he was quoted as saying. "When you do late-stage assets convergent on the cyberspace your aggregation shrinks dramatically."

DST has also endowed in a ethnic mercantilism website Groupon and it holds a wager in ethnic mettlesome consort Zynga, which makes games for ethnic networks including Facebook and News Corp's MySpace.

(Reporting by Kate Holton; Editing by Louise Heavens)

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Posted in INTERNET on May 31st, 2010, 6:00 am by admin   

 
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