Moscow, Russia, August 15, 2011 --(PR.com
)-- Saltflow, Inc., a Dubai, United Arab Emirates based-group, announced plans for multiple acquisitions across Russia to boost its technology operations in the country. The group already maintains a technology subsidiary in Moscow that fully controls three Internet companies in the post-revenue phase.
"One of the reasons we sold most of our Beijing-based Internet holdings was to generate enough liquidity to fund our next set of key acquisitions. Another important reason was to adopt a new brand name to reflect a unique approach to the Internet and to technology in general. If we remain focused on our specific models, we can create a $100 million company every six months," said Zubair Nazir, Vice President of Technology at Saltflow.
"A recent acquisition of a technology solution by a trade subsidiary may indicate a focus on purchasing, rather than building, but that is not the case. We buy only when the target comes at the right price with the right revenue potential," Nazir added.
About The Saltflow Group:
Saltflow is a Dubai, United Arab Emirates-based group that owns and operates businesses in the technology, construction, trade and retail industries. The group has a major presence in Dubai, Beijing, Moscow and in multiple North American cities.