IXLA Announces AUS$20 Million Share Placement
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Melbourne-based Web and PC photography software company IXLA is following its successful run of late with the announcement of a private investment worth AUS$19.2 million.
Under the placement, 6.4 million ordinary fully paid shares were brought at AUS$3 per share by institutional clients of U.S. broker Burdett Buckeridge Young Ltd.
Over 90 percent of the investment emerged from U.S. companies including the Federated Global Investment Management Corp - International Small Company Fund, Ohio National International Small Company Fund, Capital Research & Management Company, Soros Funds Management - Quantum Emerging Growth Fund, Oechsle International Advisors - Asia Offshore Fund and Global Asia Fund, and Trace International.
In the last few days, IXLA also announced that Eastman Kodak and Intel will include a custom version of ixla Web Easy, the company's Web site creation software, for the latest version of Kodak Picture CD.