What could have been worse for Philippines’ tech industry than Intel Corp., the world’s top chip maker is considering pulling out of the country. Intel’s factory in Cavite which employing more than 3,000 people, is Intel’s second offshore assembly operations centre in Asia and also serves as a test site. According to Intel source, they invested around 1.51 billion dollars in the country while high power costs are a problem in the Philippines. According to many industry experts this is part of an eventual …

Acquired in a management buyout in 1987, Go North East is the founding company of the Go-Ahead Group. Go North East is now the largest bus operator in the North East of England. Now bus passengers using Go North East are now able to order and receive tickets by mobile phone, very fancy right? Well North East bus giant claims its scheme of selling bus tickets by mobile phone is first in UK. Launched this week following a trial late last year, …

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 …