Pixel uses IPO funds for expansion

Asia-Pacific-based Pixel Media has listed on the AIM Market of the London Stock Exchange, raising an estimated US$4 million to fund expansion in Asia. <BR><BR> The interactive adsales network becomes one of the first Asian headquartered digital operations outside Japan to capitalise on renewed appetite for digital plays, according to Pixel CEO Kevin Huang. <BR><BR> Huang (pictured) said the four-year-old group had reached a stage where a listing was imperative to achieve its revenue and growth objective.