Acquires Singapore’s Art of Click for $45MLISTED technology firm Xurpas Inc. plans to conduct an initial public offering on the Philippine Stock Exchange (PSE) for its celebrity-themed game developer Xeleb Technologies Inc. to raise capital to finance its planned mobile game launches. Xurpas is currently consolidating its celebrity game development business into Xeleb Technologies after the company acquired mobile and internet systems developer Fluxion Inc. Xurpas said it is currently securing approval from the Securities and Exchange Commission for the change in corporate name from Fluxion Inc. to Xeleb Technologies. “Our main growth driver is largely mobile consumer services. “Right now, we are developing revolutionary mobile consumer platforms that integrate our various investments. It has two business segments: mobile consumer gaming and enterprise services.services.

Source: Manila Times October 07, 2016 16:18 UTC