SingTel to Buy PixableSingTel to Buy Pixable

SINGAPORE -- Singapore Telecommunications Limited (SingTel) today announced that it has signed an agreement to acquire 100 per cent of Pixable Inc. for US$26.5 million. The company is known for its smartphone app that prioritises photos on social networks for consumers.

Pixable provides social web users with a personalised photo experience, using next generation predictive analytics and artificial intelligence to analyse users’ interactions and consumption habits to prioritise photos from close friends and family. Users are presented with the most interesting photos through feeds such as “Top of the Day” and “New Profile Pics”. This has led to Pixable winning multiple awards and significant recognition.

More than 4 million users have installed Pixable's "mobile photo inbox" service via the web, iOS devices and Android devices. Due to its highly engaging user interface, the Pixable service is seeing rapid growth in daily downloads.

Singapore Telecommunications Ltd. (SingTel) (OTC: SGTJY)