Local conglomerate Sterling Paper Group of Companies is throttling itself fully into the local tech landscape as it has acquired a majority stake in Galleon and Openovate, two start-up firms based in Manila. In a report from DealStreetAsia, Sterling has bought a total of 85% combined stake from the companies according to Openovate's former CEO and now Chief Technology officer Christan Blanquera. Sterling is known for its papers and school supplies, but it has also expanded its assets and has branched out into other industries such as retail and leasing, BPO, and agriculture. Read more in our articles including "Sterling Paper buys Openovate, Galleon.ph" and "OnePlus exits US, Europe markets; PH operations to continue".
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Apr 29, 2026Local conglomerate Sterling Paper Group of Companies is throttling itself fully into the local tech landscape as it has acquired a majority stake in Galleon and Openovate, two start-up firms based in Manila. In a report from DealStreetAsia, Sterling has bought a total of 85% combined stake from the companies according to Openovate's former CEO and now Chief Technology officer Christan Blanquera.
Sterling is known for its papers and school supplies, but it has also expanded its assets and has branched out into other industries such as retail and leasing, BPO, and agriculture.
Our coverage of sterling paperg includes: "Sterling Paper buys Openovate, Galleon.ph"; "OnePlus exits US, Europe markets; PH operations to continue"; "BIR opens Tax Payer Portal". Each article provides unique insights and information.