Sberbank of Russia (MISX:SBER) signed a legally binding agreement to acquire JivoSite from founders Timur Valishev and Nikolai Ivannikov on June 7, 2021. Post acquisition, the founders will stay in the company, Timur Valishev as Chief Executive Officer, Nikolay Ivannikov as Chief Technological Officer. The transaction is subject to receipt of the necessary approvals and is expected to close in July 2021. Sberbank of Russia (MISX:SBER) completed the acquisition of JivoSite from founders Timur Valishev and Nikolai Ivannikov on August 13, 2021.