Philipines´consumer technology firm Xurpas Inc. acquired a 21.7% stake in Altitude Games Pte. Ltd., a Singaporean mobile games developer and Publisher, in the end of the last year. Xurpas said the acquisition is part of the company’s planned expansion in Southeast Asia. Now Xurpas Inc. is deepening its presence in the Singaporean market after it acquired a significant stake in MatchMe Pte. Ltd., a mobile and web tournament games platform, for $1.4 million or P62.714 million. In an Statement last week, Xurpas said it has invested $1.4 million for a 31.52 percent stake in MatchMe, a company engaged in the development, licensing and operation of mobile- and web-based, real-time, multiplayer platform for mobile games. The platform is also open to third-party game content integration. This means third party developers from around the globe can offer their players synchronous, real-time tournaments.
Scource: http://www.mb.com.ph/xurpas-buys-into-singaporean-it-firm/, http://www.gmanetwork.com/news/story/461942/economy/companies/xurpas-buys-into-singapore-s-games-developer-matchme
