IPv6 firm to set up Philippine software hub

04.07.2006
Innofone.com Inc., a U.S. publicly-listed company pushing for the new Internet standard IPv6 (Internet Protocol version 6), will invest around US$20 million in a Philippine office that will focus on software development.

The company's Philippine operations will primarily be involved in developing software applications that can run in IPv6-compatible devices, said Alan Lightman, Innofone.com's president and CEO, in a press briefing Monday.

'The investment will be used in office space and possible local acquisitions,' Lightman said.