Feeds

SingTel gets app happy with Pixable

Snaps up social pic streamer for US$26.5m

Internet Security Threat Report 2014

The acquisitive hand of SingTel has reached out to the US to buy smartphone happy snap app Pixable for US$26.5 million.

The social app was founded in 2009 by a group of MIT grads and boasts over four million users over the web, iOS devices and Android devices. The data smarts behind the app allows for the analysis of consumption habits and user relationships to prioritise photo streaming ranking accordingly through its feeds.

The acquisition shows that the dominant mobile carrier is actively looking for new revenue streams and deeper service offerings for its regional Asian and African mobile base of 462 million customers. Pixable CEO Inaki Berenguer, said the acquisition would “help bring Pixable to a wider audience, especially in emerging markets.”

Earlier this year SingTel made a few more significant acquisitions with the purchase of US advertising outfit Amobee for $321 million and the $9.4 million purchase of Singaporean food website HungryGoWhere.

Last year, SingTel Group's corporate venture capital, SingTel Innov8, which has been created to seek out these digital acquisitions invested AU$5 million in Dealised, the technology platform behind Australian group-buying player Spreets.

SingTel’s Group Digital L!fe, CEO Allen Lew said "one of the goals of SingTel Group Digital L!fe team is to develop next generation mobile services that make life easier for our mobile customers. It is not yet clear whether the service will still be offered as a standalone one or if it will be offered to Australian Optus customers.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
'Internet Freedom Panel' to keep web overlord ICANN out of Russian hands – new proposal
Come back with our internet! cries Republican drawing up bill
What a Mesa: Apple vows to re-use titsup GT sapphire glass plant
Commits to American manufacturing ... of secret tech
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.