A consortium of Russian investors has just acquired Linxdatacenter assets from it Netherlands-based parent company Linx Telecommunications Holding BV, creating an autonomous cloud service in Russia.

The consortium is made up of Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) alongside JSC ER-Telecom Holding ( and Business trademarks) and Talos Fund I LP, a fund from the Middle East which focuses on advanced technologies investments including AI.

“Linxdatacenter began in 2003 as one of the first commercial data centers in Russia. For two decades, Linx has been the first choice data center provider for international and Russian enterprises with a need for premium communication, colocation and cloud services. As a result of the global pandemic, Linxdatacenter has grown exponentially and the owners believe this is the right time to divest. The excellent management team and resources of the buyer’s consortium are a clear ticket to continued success,” said Heiko H. Koop, CEO of Linx Telecommunications Holding BV.

Based on the transaction, the investor consortium purchased a 100% stake in Svyaz VSD LLC, the Russian subsidiary of Linx Telecommunications Holding BV. The purchase includes the LinxCloud platform and two large data centers in Moscow and St. Petersburg spanning a total area of 13,400 square meters, operating in compliance with Tier III standards. Linxdatacenter also operates via partner data centers in Warsaw and Frankfurt.

“The acquisition of Linxdatacenter assets together with a strong Russian strategic player and our partner from the Middle East with access to unique technological solutions is aimed at accomplishing an ambitious goal of accelerating the development of Russia’s digital infrastructure,” said Kirill Dmitriev, CEO of the Russian Direct Investment Fund.

“The priority for our platform is to develop Russia’s leading cloud service based on advanced AI technologies. Successful implementation of the project will be possible by using RDIF’s experience in implementing high-tech projects, ER-Telecom’s technological support as well as the expertise of the Fund’s international partners.”

As announced, the new joint cloud platform will provide virtual infrastructure to the Russian and international enterprises for performing their key tasks. The cloud strategy will also concentrate on expansion of its virtual services portfolio, particularly solutions that leverage leading AI technologies in cooperation with RDIF’s international partners.