IP Converge Data Center is set to engage in the affordable housing business as the group that bought the publicly listed shell company plans to infuse up to P8 billion worth of assets and conduct a follow-on equity offering next year.
A property firm called the 8890 Group is set to take over listed firm IP Converge Data Center Corp.
The Department of Budget and Management (DBM) has announced the modernization of its back office systems with the adoption of cloud-based or Internet-hosted e-mail and other productivity programs from tech giant Google.
Publicly listed IP Converge Data Center Inc. has expanded its data center operations through a new facility in Bonifacio Global City in Taguig to meet the country’s increasing demand for data center co-location services, the company said Tuesday. In a disclosure to the Philippine Stock Exchange, IP-Converge said its new facility would help local businesses [...]
Listed IP E-Games Ventures Inc. has sold its data center unit to sister company IP Converge Data Center Corp. as part of the rationalization of the group’s assets. Both companies are expected to gain from the transaction, with IP E-Games getting a total of P120 million from the sale and IP Converge getting an additional [...]
