Google interested in Russian Dominated IM Service, ICQ

It’s no big secret that the Russian market has been a tough one to crack for major western companies. Nintendo wouldn’t even bother trying to sell the Wii there as they feel Russia just isn’t ready for social gaming and the internet seems to hold less cultural value when compared to other countries.

However, Google are trying desperately to get a firm foot-hold in the market and as such have made a bid of around the $200 million mark for the country’s most popular instant messaging service; ICQ. Skype are also rumoured to be interested in the deal.

AOL owns ICQ at the minute having bought it in 1998 for $400 million (they’ll be making a loss). It now has over 30 million users with in excess of eight million of them living in Russia. So getting such a huge chunk of the market instantly would be a huge help for Google. Or whatever Western company manages to close the deal for that matter.