Yandex N.V. (Yandex) is an Internet company in Russia. During the year ended December 31, 2011, the Company generated 63.3% of all search traffic in Russia, and 60.6% in December 2011, and its Yandex sites attracted 45 million visitors in December 2011. It also operates in Ukraine, Kazakhstan, Belarus and Turkey. Yandex also aggregates and organizes local, national and international content and offers a range of additional services. Its search and a number of its services are location-based and are available in versions tailored for mobile and other digital platforms and devices. The Company offers access to its search engine through personal computers, mobile phones, tablets, and navigation and other digital devices. It also offers a range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail and Yandex.Maps. In November 2011, the Company acquired SPB Software.