SINGAPORE, Sept 21 — SingTel said yesterday it has agreed to acquire United States social photo aggregation and discovery platform Pixable for US$26.5 million (RM81.2 million), as part of moves to expand revenue stream and tap opportunities in an increasingly image-centric digital world.
"People are increasingly using photos to share experiences with their friends and relatives … Our customers want assistance from service providers to prioritise and organise the multiple contacts and content that happen daily in their lives,” said Mr Allen Lew, Chief Executive of SingTel’s Digital Life division. Full story
