Not All Quiet on the Russian Front

By Steve Hamm

More action in Russia. DataArt, the Russian outsourcing company with its headquarters in New York City, is raising $6 million from private equity folks to fund expansion. Rather than opening new development centers, its expanding into new verticals, including media and publishing, telecommunications services, and online travel. DataArt got its start by providing high-end custom programming for the financial services industry in the US. It has programming centers in St. Petersburg, Voronezh, Kherson, and Kharkiv. I love writing those Eastern European city names.

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