Friday, December 7, 2007

The USD$355 Million IPVG Offer for Major Stocks at People Support

According to ZDNet Asia in a report yesterday (Dec.06, 2007) by Joel D. Pinaroc, People Support, one of the top BPO companies in the Philippines received a bulk offer of USD $355 million cash proposal to get the majority stake of the said BPO company that mainly deals with contact center business. Poeple Support is also one of the top BPO companies rendering services on telemarketing outsourcing in the Philippines with an estimated seating of about 8,000 capacity.

This is by far one of the best things that could possibly happen in the BPO market here in the Philippines as multi-national companies from around the world are starting to see potentials of investing in this kind of business here in the Philippines. This is in terms of Business Process Outsourcing and other related industries like Telemarketing Outsourcing, Knowledge Process outsourcing, Call Center and Contact Center Business Outsourcing, Medical Transcription Outsourcing and more.

This particular event in Philippine history of BPO will hopefully trigger more revenue earning schemes for the country in the coming 20008 new year. IPVG by the way is a company group that deals with and is currently engaged in the information technology and communications space business.

No comments: