Xelleon PLC Shopping New Acquisitions
Online, February 20, 2012 (Newswire.com) - Today Xelleon (XLL) announced it has made offers to three online technology companies for their acquisition of these companies through a standard stock swap.
Although Xelleon (XLL) did not disclose the names of the three companies the benefits to Xelleon in succeeding in the negotiations would be a more rapid expansion of their technology through direct integration with the existing technologies being acquired.
Xelleons President, Dale Scott Marion commented saying, "Xelleon is a-buzz with activity right now, and it's an incredible time to be a part of what we're building, with more and more companies seeing the technology and returning incredible feedback on how well the protection is developed, it's opened doors to numerous verticals over the past few months."
"We expect the acquisitions to allow us to position our technology in three new multi-billion dollar vertical markets, be adding our protection to the already profitable models we are looking to acquire, Xelleon will benefit twofold and the prospective sellers would be able to come a long for the ride, so to speak."
With less than a year under its belt, Xelleon has has been able to make incredible headway in the music and document security markets, by developing their own portals to prove out and profit from their core protection technology.
With main-stream artists now taking notice as to the benefits of an unhindered consumer experience, with the anti piracy protection Xelleon provides, more artists have been coming to the table to allow Xelleon (XLL) to offer their music, concerts and videos protected to the public through their Simpozia.com Online Store.
Marion said, "The concept with the acquisitions is the same, we plan to use the acquired technology to integrate the option of the ultimate protected delivery system (speaking of impervio by Xelleon) into the existing stores, which include an online ebook publishing site, an email hosting site and a file archival site. We expect that our technology will only increase the profitability of the sites in question and thus offer both parties a more substantial return in the long run"
