CLPS Incorporation Successfully Acquires Shell Infotech, Accelerating Global Expansion Strategy
CLPS Incorporation (CLPS)
Company Research
Source: PR Newswire
HONG KONG, June 13, 2024 /PRNewswire/ -- 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.Established in 2003 and headquartered in Singapore, Shell Infotech is a leading IT consulting and managed services provider. Over the years, Shell Infotech has built a strong reputation for its deep industry expertise and professional service team, delivering industry-leading services to clients in Singapore and Malaysia. It offers a wide range of IT services, including software development, SAP solutions, enterprise applications, and managed servic
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CLPS
News
- CLPS Incorporation Receives Nasdaq Notification Regarding Minimum Bid Price Requirements [Yahoo! Finance]Yahoo! Finance
- CLPS Incorporation Receives Nasdaq Notification Regarding Minimum Bid Price RequirementsPR Newswire
- CLPS Incorporation Successfully Acquires Shell Infotech, Accelerating Global Expansion Strategy [Yahoo! Finance]Yahoo! Finance
- Investing in Space: Boeing and SpaceX had a major week that put their differences on display [CNBC]CNBC
- CLPS Incorporation Celebrates IBM's 60 Years of Mainframe Leadership and Reiterates Commitment to Talent DevelopmentPR Newswire
CLPS
Sec Filings
- 6/14/24 - Form 6-K
- 5/23/24 - Form 6-K
- 4/8/24 - Form 20-F/A
- CLPS's page on the SEC website