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.
This is said
to be the first product resulting from a co-development effort between
Kodak and Intel designed to bridge traditional photography and digital
imaging.