Russian VK Tech and Yandex B2B Tech Discuss Software Cooperation

en.Wedoany.com Reported - VK Tech and Yandex B2B Tech are in negotiations regarding potential cooperation in the enterprise software sector, covering areas such as cloud services, office products, and artificial intelligence solutions for businesses. According to a report by the Russian newspaper *Vedomosti* citing anonymous sources, both companies have confirmed that negotiations are underway but have not disclosed specific details.

The product lines of VK Tech and Yandex B2B Tech overlap in several areas, with both offering cloud services and collaborative office tools, currently placing them in a competitive stance. However, each company has its own strengths: one is stronger in AI models, while the other excels in enterprise communications and HR-tech. In this context, cooperation could bring greater opportunities for both parties, including integrating AI into application products and leveraging existing customer bases for cross-selling.

Market growth trends are one of the factors driving the potential deal. The growth rate of the Russian enterprise software market has outpaced other IT segments. According to Strategy Partners data, the overall Russian IT market grew by 13% in 2025, reaching a scale of 4 trillion rubles; within this, the enterprise software market grew by 20%, reaching 231 billion rubles, nearly double the level of 2022. In 2026, this segment could grow by another 20%, reaching 277 billion rubles, and by 2031, it is expected to reach 831 billion rubles.