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Fastek

Company


Owners:
Rostelecom - 51%

Content

Owners

Fastekthe software maker for management of the housing and communal services (HCS).

History

2020: Rostelecom was purchased by Fastek

On August 6, 2020 Rostelecom announced acquisition of Fastek company. The cost of the transaction does not reveal. The national telecom operator issued purchase of 51% of the developer of solutions in the field of management of housing and public utilities through the child JSC Netris (Competence Center of PJSC Rostelecom in the field of video surveillance).

Rostelecom carries the proprietary software in the field of creation of uniform information and analytical systems of housing and public utilities, automated control systems for fund of an overhaul, the state housing inspectorate, data collection for management of power supply to key assets of Fastek. At the same time by the beginning of August Rostelecom already uses the products "Fastek" within implementation of complex projects in the field of housing and public utilities in the Moscow region.

Purchased Rostelecom software developer for management of housing and public utilities
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We continue to integrate into ours business assets with important competences in complex smart solutions of housing and public utilities — the senior vice president, the chief of staff of the president of Rostelecom Anna Shumeyko says. — Fastek is the next acquisition which will allow to strengthen our product line in the field of digitalization of housing and public utilities and a position in this segment of the market.
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A month before the declaration of the transaction with Fastek Rostelecom announced  the conclusion of legally binding agreements on  acquisition of 51% of the supplier of software solutions  in the field of management of housing and public utilities of Forkam LLC. The absorbed company develops the software for  the organization of accounting, planning and  the maintenance of objects of city infrastructure, control of work of contract organizations and  inventory of objects of housing and public utilities.

Rostelecom is engaged in the direction of housing and public utilities long ago. Earlier the operator provided implementation of the corresponding uniform IT system across all Russia.[1]

Notes