Quant, LLC

History

2021: Yandex received 19% Quant on bail

On April 5, 2021, it became known that Yandex received 19% of the Quant television manufacturer on bail. We are talking about a corporate loan within the framework of cooperation of companies, Mikhail Etonov, the sole owner and general director of the company, specified to Kommersant, who acted as a pledgor under this agreement.

He noted that Quant, among other things, produces motherboards for Smart TV, where it also downloads Yandex software. A newspaper source in one of the major electronics distributors estimated Quanta's share in the Russian television market at 25-30%. He added that the company planned to expand production amid growing demand for digital TV.

"Yandex" received on bail 19% of the company "Quant," which develops televisions

In case of non-payment of the loan, the share of Quant will go to Yandex, says Dmitry Kolesov, director of the TV and content department at J'son & Partners Consulting. He admits that obtaining a stake in the enterprise is the goal of Yandex: this would allow controlling the assembly and subsequent logistics. Yandex plans to release a new product for Smart TV, an informant familiar with the company's plans told the publication.

The head of the analytical center of the GS Group holding, Alexander Surkov, believes that Yandex can promote its services on Xiaomi TVs with Smart TV (since 2019, Quant has been collecting such equipment for Xiaomi) - the company could loan Kant to a new assembly line. Money was also needed to purchase licenses. The total loan could amount to several hundred million rubles, he added.

Earlier, the M.Video-Eldorado network began selling smart TVs under the Novex brand with firmware from Yandex, Kvant released them. According to forecasts of J'son & Partners Consulting, by 2023 in Russia there will be about 41.3 million TVs with Smart TV in operation^[1]

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