IPVG Acquires Prolexic Technologies and MegaMobile

I just got word that publicly-listed IT company IPVG Corp. (PSE: IP), who is also a club member, completed the acquisition of Prolexic Technologies Inc., a United States-based managed security service provider of distributed denial of service (DDOS) mitigation solutions. The acquisition represents IPVG’s roadmap of growing the company in key areas in the IP domain and global market. IPVG now offers a unique DDoS protection value proposition for customers of all industries, worldwide.

IPVG has also entered into a Stock Purchase Agreement with the shareholders of MegaMobile, Inc., a local mobile technology provider and content developer.

IPVG has agreed to acquire 70% of the outstanding capital stock of MegaMobile for a total acquisition cost of P6.4M. IPVG plans to augment this investment further by infusing additional capital of an undisclosed amount to strengthen MegaMobile’s content pipeline, marketing programs and infrastructure. The acquisition is still subject to legal and financial due diligence on MegaMobile and for approval by IPVG’s Board of Directors.

MegaMobile represents IPVG’s fifth investment (through acquisition and signed binding agreement) in a span of only one year following: Globalstride Holdings, Inc. (call center facilities in the Philippines); IP-Converge Pte Ltd. (Singapore based IDC); Prolexic Technologies, Inc. (internet security provider with operations in the US, EMEA and Asia) and Interactive Teleservices Corporation (a US-based contact center with facilities in the US, Panama and the Philippines). From its corporate headquarters in the Philippines, IPVG has established presence in Singapore, Hong Kong, Vietnam, India, Panama, United Kingdom and USA.

November 28: DigitalFilipino.com Club 30th Networking Event / Christmas Party

The DigitalFilipino.com Club will be having its 30th networking event this November 28, Thursday, 6:00 to 9:00 pm. The venue shall be at Ponciana's Kitchen, 67 Timog Ave. corner Sct. Torillo, South Triangle Quezon City.

This gathering will not be possible without the support of our sponsor IPVG - a publicly listed entity in the Philippine Stock Exchange and engaged in the information technology and communications space. IPVG owns three operating subsidiaries engaged in information technology and telecommunications, on-line gaming, and business process outsourcing.

This event is exclusive for DigitalFilipino.com Club members only and are requested to confirm attendance for food count purposes. Those who submitted entries to the Filipina Writing Project were also invited.

Interested non-members are requested to sign up as a member prior to November 28.

Agenda shall be as follows:

5:30 - 6:00 Registration
6:00 - 6:30 Introduction and updates by each club member and blogger guests
6:30 - 6:45 Club Updates

7:00 - 7:30 Announcement: Winners of The Filipina Writing Project
(Prizes sponsored by Barangay.ph, Kababayan.ph, MyUSMailbox.com, RegaloService.com, Acclaim Butterflies, and Chikka.com )

7:30 - 8:00 Online Gaming (Enrique Y. Gonzalez, IPVG)

8:00 Exchange Gift / Raffle / Networking

To celebrate the Christmas season, all attendees are encouraged to bring a Christmas exchange gift worth P250.

We are also getting some raffle prizes as well. Should you like to donate prizes for the raffle, please e-mail me at digitalfilipino (at) gmail (dot) com. We will list the raffle items and donors here.

• One (1) medium-sized Photo Collage 20" x 30" (Thanks Gallery 7 Digital Studio!)
• Three (3) Text Link Ad Space in Ratified for one month (Thanks Andrew Dela Serna!)
• One (1) Philippine delicacies gift basket (Thanks PinoyDelikasi!)
• Five (5) Google gift bags and Google AdWords Voucher (Thanks Aileen Apolo!)
• One (1) Customized Banner or Button (Thanks Juan Karlo Licudine!)
• Two (2) Strategic Problogging Audio E-Book (Thanks Manuel Viloria!)
• Five (5) Buy and Sell ad voucher (Thanks Alfox Computer Center!)
• Ten (10) Gift Bags (Thanks MyLittleBaker!)

Club members are requested to confirm their attendance for food count purposes.

Interested non-members are requested to sign up as a member prior to November 28 and confirm attendance for food count purposes.

There are three types of membership: Individual, SME, Corporate.

I hope you can all join. Thank you.

Meeting Japanese executives

Thanks to our corporate member, Truly Asian through Chester Chi, I got the chance to mingle with some Japanese executives and brief them on the state of e-commerce in the country. During that meeting, Erick Kalugdan of Load.com.ph and IP Ventures Group executives Enrique Gonzales and Steve Tsao were there too.

Mike Abundo has more info and photos taken on this.