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CLPS Acquires Shell Infotech, Expanding CLPS's Client Base And Market Share In Southeast Asia While Strengthening Its Core IT Competencies And Service Offerings, Solidifying Its Commitment To Global Expansion; No Terms Disclosed

Author: Benzinga Newsdesk | June 13, 2024 08:34am

CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS) today announced that, through its wholly-owned subsidiary, Ridik Pte. Ltd. ("Ridik"), it has acquired 100% of the equity of Shell Infotech Pte. Ltd. and its wholly-owned subsidiary Shell Infotech Consulting Sdn. Bhd. (collectively, "Shell Infotech"). This acquisition expands CLPS's client base and market share in Southeast Asia while strengthening its core IT competencies and service offerings, solidifying its commitment to global expansion.

Posted In: CLPS


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