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Rustek (Ru-Stack)

Company

Information Technology
Since 2009
Russia
Central Federal District of the Russian Federation
Moscow
117292, int. ter. Municipal district Akademichesky, st. Kedrova, d. 15, floor 3, †. I/com. 6


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Owners:
JV Cloud Platform (Basis) - 100%
(effective April 27, 2024)

Owners

+ Nowfinteh
+ Sergei Vladimirovich Stolyarov

RUSTEK LLC (I-Teco Group of Companies) is a company in a dynamically growing cloud market in Russia and Europe, its own line of platform solutions and services for solving a large range of customer business problems, a large-scale partner program for various categories: from resellers to white label.

History

2024: Basis bought Rustek

On May 2, 2024, Basis, a developer of solutions for organizing dynamic infrastructure, virtual desktops and providing cloud services, announced the completion of a deal to acquire 100% stakes in Rustek, a virtualization developer. Rustek was bought from I-Teco, one of the largest system integrators in Russia (according to the Unified State Register of Legal Entities, since April 27, 2024, the company SBKlaud owned by I-Teco has left the founders of Rustek LLC).

The amount of the transaction was not disclosed, but Basis notes that it was carried out on market terms and paid in full at the expense of their company's own funds.

The integration of Rustek employees and products is planned to be completed by the end of 2024. "Basis" becomes a full successor to all obligations of "Rustek."

source = "Rustek"
Integration of Rustek employees and products is planned to be completed by the end of 2024

The entire team of the company, including managers, will be preserved, noted in "Basis." The accumulated expertise of Rustek employees will be used to develop the Basis ecosystem, and technologies will strengthen its market supply and will be integrated into the vendor's existing products using unified tools that provide flexible and native cross-product integration.

In particular, the Rustek Cloud Platform solution will expand the capabilities of Basis Dynamix, a platform for managing virtual servers and containers.

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The acquisition of Rustek is part of our strategy for market consolidation, which we have been carrying out for more than three years and are not going to stop. During this time, we have accumulated a wealth of experience in integrating leading IT companies such as Digital Energy and Rock Software. Our goal is to occupy at least 50% of the virtualization market in Russia, and the deal with I-Teco is an important step towards achieving it. We highly appreciate the professionalism and accumulated expertise of the Rustek team, as well as the results that it was able to achieve. I am sure that the company's technical specialists will strengthen the Basis team, and Rustek products will allow us to expand the capabilities of our ecosystem, which will bring additional value to our clients and shareholders, "said David Martirosov, CEO of Basis.
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The revenue of "Basis" in 2023 increased by 772% compared to 2022, to 2.8 billion rubles, according to the database of legal entities "Kontur. Focus." The company ended the year with a net profit of 1.6 billion rubles. Rustek's revenue for the same period, on the contrary, decreased - by 37%, to 74.3 million rubles, and the company was in a net loss of 40.4 million rubles. The previous two years were profitable for Rustek.

The reasons for Rustek's loss-making in Basis could not be clarified by TAdviser. The company notes that the team was of primary importance to them at Rustek. David Martirosov says that their company strives for market leadership and as part of this strategy is considering various consolidation opportunities that can bring additional value to customers and shareholders.

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One of the main restrictions on the development of companies in the Russian IT market is the lack of qualified personnel. Therefore, when considering possible M&A transactions, the key factor for us is how the acquired asset will help not only strengthen Basis's position in the target market segments, but also expand our team. We are also considering supplementing our ecosystem with promising developments that will strengthen the company's competitive advantages, "he told TAdviser.
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2023: Granting free academic software licenses to universities

In support of the initiative Maksuta Shadaeva , RUSTEK on June 20, 2023 announced the provision of free academic licenses products for its own software products designed to build cloudy platforms server virtualizations and centralize management. IT infrastructure

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We have been working with universities for a long time and consider the initiative extremely important and useful. Practical knowledge of the modern technology stack will give advantages to students in employment. The market, in turn, will receive high-quality specialists. We have extensive experience in interacting with universities, for example, an academic cloud in MEPhI has been built on the basis of our products. We invest a lot in teaching and certifying students on our products. As a developer of extremely important infrastructure software, we want to contribute to support universities and support the initiative of the Ministry of Digital Development, "said Georgy Megrelishvili, General Director of RUSTEK.
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2022

Receiving a grant in the amount of 70 million rubles from RFRIT

As a result of the competitive selection conducted by the Russian Fund for the Development of Information Technologies (RFRIT) as part of the implementation of the federal project "Digital Technologies" of the national program "Digital Economy of Russia," RUSTEK won a grant in the amount of 70 million rubles for the revision of the digital service platform for automation of cloud computing based on RUSTEK-ESU and RUSTEK. The products of RUSTEK-ESU and RUSTEK are included in the Register of Domestic POMincifra of Russia. RUSTEK announced this on January 11, 2022.

{{quote 'Winning the competition and receiving a grant from RFRIT is a recognition of the maturity of RUSTEK products and an incentive to develop domestic virtualization technologies. We have to work hard to refine our products, which, taking into account additional functionality, will receive evolutionary development and will become a single digital service platform for automating cloud computing - Rustack Cloud Platform with special opportunities for the Russian market, - said Georgy Megrelishvili, General Director of RUSTEK development company. }}

Based on the Rustack Cloud Platform, you can build a completely import-independent public or private cloud platform to provide services IaaS,,. PaaS SaaS The platform will also allow centralized management for IT infrastructure the transition to the IT as a Service model, solve the problems of migration and replacement of a foreign in ON the region, server virtualizations manage computing resources and limits in georegulated branches from the central cloud.

Rustack Cloud Platform IT departments will provide seamless migration from VMware products; service's IaaS, PaaS, SaaS to internal departments; Creating infrastructure service templates will provide tools for managing containers and the CI/CD development environment, integration with internal information systems.

TAdviser interview with CEO Georgy Megrelishvili

Foreign IT-vendors left the Russian market. In such an advanced market segment, as well as server virtualization cloudy infrastructure, a non-trivial situation has developed: the Russia company has left VMware - the largest vendor, which, according to expert estimates, occupied more than 90% of the Russian market. In September 2022 TAdviser , he talked with the Georgy Megrelishvili CEO of RUSTEK about how and what the resulting lacuna will be filled. More. here

2021: Owner

As of October 2021, the owner was SBKlaud with a 100% share.