Yandex, N. V. (YNDX)

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On April 2, 2014, Yandex N.V. (Yandex) announced that it has teamed up with the Higher School of Economics to open a Faculty of Computer Science, aimed at preparing specialists in two areas - Applied Mathematics and Informatics, and Software Engineering. The Company informed that Ivan Arzhantsev, who has been heading Yandex's academic programs, will be appointed as the Dean of the Faculty. Commenting the development, Yandex CEO, Arkady Volozh said, "Together with the HSE, we want to create a faculty where people can receive a full education in this field. We are sure they will be in demand in academia as well as in IT companies." Yandex further informed that the faculty includes the HSE's existing Department of Software Engineering and Department of Applied Mathematics and Informatics, and will be supplemented by the addition of a new department - Big Data and Information Retrieval. The full analyst notes on Yandex N.V. are available to download free of charge at:

http://www.AnalystsReview.com/04092014/YNDX/report.pdf