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IT

PLDT invests PHP 2 bln in software, IT services provider Multisys

Thursday 8 November 2018 | 20:00 CET | News
The board of directors of Philippines operator PLDT has approved the investment of PHP 2.15 billion in Multisys Technologies for a 45.73 percent interest in the Philippine software development and IT services provider. The investment will be done through PLDT’s subsidiary PLDT Global Investments Holdings. (PGIH). The transaction is expected to be completed by December.

Multisys has developed a number of software platforms that can be used by its pool of programmers to create customizable software services. These software platforms include those for payment gateways such as Bayad Center, for utilities like power and water, for data center setup and connectivity, for big data handling and analytics, and cyber security.



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Categories: IT
Companies: PLDT
Countries: Philippines
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