AGC Partners is pleased to announce that its client, Pixable, a Highland Capital and Menlo Ventures backed provider of web, iOS and Android applications that aggregate and prioritize photos on users’ social networks, has been acquired by SingTel, Asia’s leading communications group with approximately $15B in annual revenue. SingTel provides a wide spectrum of multimedia and infocomms technology solutions, including voice, data and video services over fixed and wireless platforms. The acquisition of Pixable is one of the first major digital media acquisitions by SingTel as they build out their North American presence in an effort to develop the next generation of mobile services. With a team led by Ben Howe and Jon Guido, AGC Partners acted as sole financial advisor to Pixable.
Ben, Jon, Elena and the team at AGC worked tirelessly and with zero regard for time zones to ensure the best outcome for Pixable's shareholders. AGC's knowledge of the social internet industry and expertise in dealing with senior level decision makers at the world's largest technology buyers proved critical in securing a great home for Pixable. I couldn't be happier with the results.Inaki Berenguer, Co-Founder and CEO of Pixable.
AGC Partners acted as sole financial advisor to Pixable in September, 2012