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Saturday, April 05, 2008

 

IPVG to expand in China, India

 
IPVG Corp. is set to expand to China and India this year, a company executive said Friday.

In a briefing, Roger Stone, IPVG deputy chairman, said the venture into China and India is aimed at establishing the company’s global presence.

“Geography really matters to [our] business. [We] definitely go where the clients are,” Stone said.

IPVG recently acquired Prolexic Technologies Inc., a network services firm, for $10.5 million, and US-based Interactive Teleservices Corp. (Influent) for $14 million.

Prolexic is a managed security service provider. Its acquisition represents IPVG’s foray into the intellectual property domain.

“Prolexic will also be brought to India and China, since [our] clienteles [there] want this kind of service,” Stone said.

He said that the company plans to expand its business process outsourcing (BPO) business through IP Contact Center Outsourcing Inc. (IPCCO). Hong Kong’s PCCW Teleservices has made IPCCO its exclusive partner to service the English speaking requirements of its clients

“For this year, [we] expect the bulk of [our] revenues to come mainly from [our] BPO centers or about 60 percent of [our] total revenue,” Stone said.

The company also announced P923 million in consolidated revenues for last year, a jump from the previous year’s P277 million.
-- Katrina Mennen A. Valdez

  
 

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