OREANDA-NEWS. April 25, 2012. State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ closed a transaction on purchasing a blocking stake in T-Platforms.

The transaction on purchasing ordinary shares was conducted under a shareholder agreement made between Vnesheconombank and T-Platforms in December of 2011. Under the agreement, financing in the form of share participation in the company’s capital is to be used for developing and creating new supercomputer technologies and for exporting them to the international market.

The agreement’s implementation will boost competitive edge of Russia’s supercomputer technologies.

A decision to enter into T-platforms’ charter capital was taken earlier by Vnesheconombank’s Supervisory Board.

T-Platforms is an international developer of supercomputers and a supplier of a full range of solutions and services for high performance computing. The company has already implemented more than 200 multipurpose projects, 5 of which are included in Top500 World Supercomputers Rating.