Laboratory of New Information Technology is a multi-disciplinary group of IT-companies providing information technology services. The company sells and services ATMs and financial terminals to the banks, POS-terminals, software and mixed hardware-software solutions for monitoring, ensuring security and availability of ATM networks. the company is based in Moscow, Russia. The company acquires businesses through mergers, acquisitions and investments which would help the firm to expand and consolidate its presence in the information technology industry.