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	<title>BU Now &#187; Digital Sky Technologies</title>
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		<title>Facebook gets Russian investment</title>
		<link>http://blogs.bu.edu/bunow/2009/05/27/facebook-gets-russian-investment/</link>
		<comments>http://blogs.bu.edu/bunow/2009/05/27/facebook-gets-russian-investment/#comments</comments>
		<pubDate>Wed, 27 May 2009 14:03:44 +0000</pubDate>
		<dc:creator>Dick Taffe</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Digital Sky Technologies]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Microsoft]]></category>

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		<description><![CDATA[Digital Sky Technologies, a Russian investment firm, is investing $200 million for a 1.96-percent stake in the social networking site Facebook.  School of Management Professor N.Venkat Venkatraman, chairman of the Information Systems Department, says this won&#8217;t challenge Microsoft&#8217;s investment in Facebook which is more of a strategic partnership. Contact N. Venkat Venkatraman, 617-353-7117, venkat@bu.edu]]></description>
			<content:encoded><![CDATA[<p>Digital Sky Technologies, a Russian investment firm, is <a title="investing $200 million" href="http://latimesblogs.latimes.com/technology/2009/05/facebook-looks-to-digital-sky-for-help-with-revenue-potential-abroad.html" target="_blank">investing $200 million</a> for a 1.96-percent stake in the social networking site Facebook.  School of Management Professor <a title="N. Venkat Venkatraman" href="http://smgnet.bu.edu/mgmt_new/profiles/VenkatramanN.html" target="_blank">N.Venkat Venkatraman</a>, chairman of the Information Systems Department, says this won&#8217;t challenge Microsoft&#8217;s investment in Facebook which is more of a strategic partnership.</p>
<p>Contact N. Venkat Venkatraman, 617-353-7117, <a href="mailto:venkat@bu.edu">venkat@bu.edu</a></p>
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