Philippine’s booming IT and gaming group IPVG announced today it has acquired a Delaware-based IT security firm for $10.45 million, the latest acquisition in its aggressive expansion strategy. IPVG Corp., through its subsidiaries, operates in the information technology and telecommunications, online computer games, and business process outsourcing sectors in the Philippines. The company provides various Internet data center services.

IPVG’s purchase of Prolexic Technologies Inc, which is basically an anti-virus company, comes just a few weeks after IPVG said it would buy around 70 percent stake in U.S.-based outsourcing group Interactive Teleservices Corp, or Influent.

Influent, which operates 10 call centers in the United States, Panama and the Philippines, has average annual revenues of about $45 million, compared to IPVG’s estimated revenue over $24 million in 2007. About half of IPVG’s sales come from data services, 45 percent from gaming and 5 percent from outsourcing services, but it expects outsourcing revenues to accelerate from this year.

In December, IPVG made a $355 million all-cash offer for Nasdaq-listed PeopleSupport but the U.S.-headquartered outsourcing firm reject the bid. IPVG has said it was still interested in buying the firm.

IPVG, with a market value of around $117 million, has operations in the Philippines, Singapore, Vietnam, Hong Kong and India. Funding for its acquisitions comes from AO Capital Partners, a boutique investment bank whose chairman is also chairman of IPVG.

Statistic Source: Business Week and Inquirer.net