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A South African media group is taking nearly a 30 percent stake in Digital Sky Technologies, which has massively invested in Net companies such as Facebook.
Singapore-based start-up develops mobile networking software for consumers who do not have broadband access on PCs.
Tech companies in emerging markets as well as "digital innovators" like Apple and Google are among the world's top firms in delivering value to their shareholders, says new report from the Boston Consulting Group.
Digital Sky Technologies, known for its investments in Facebook and acquisition of AOL's ICQ, changes it name to Mail.ru Group.
The bidders, offering in the vicinity of $200 million, are likelier to be one of many international Internet companies rather than a U.S. one.