ePLDT, Inc.
ePLDT, Inc. is a wholly-owned subsidiary of the Philippine telecommunications company PLDT, Inc.
About
Game development venture
ePLDT had established ePLDT ContentDev, a division specializing in web design and application development. The team created mobile games like Aramith's Quest: The Summoning.
Live service gaming venture
In mid-2004, ePLDT established its live service gaming subsidiary netGames Inc. In early 2006, it was estimated that netGames controlled 10% of the live service gaming market in the Philippines, with 80% belonging to its competitor Level Up! Inc., the owner of the Level Up! portal.
In February 2006, ePLDT announced that it had acquired a nearly 60% stake in Level Up! Inc. from the latter's parent company, Level Up! International Holdings Pte. Ltd. (LUIH). Level Up! Inc.'s operations were merged with netGames.
On July 11, 2011, ePLDT sold its entire 57.51% stake in Level Up! Inc.[doc 1] back to its original owner, LUIH.
Internet café venture
By March 2001, ePLDT had acquired 40% of Digital Paradise Inc. (then-Netopia Computer Technologies Inc. and the owner of Netopia Internet Café) for ₱24 million and had the option of increasing its shares to 80% in two years. ePLDT owned 52% of Digital Paradise by 2004 and owned 75% of it by 2008.
On April 1, 2011, ePLDT sold its entire 75% stake in Digital Paradise to IP E-Game Ventures, Inc.