CLPS acquires Shell Infotech in Singapore

CLPS, through its wholly-owned subsidiary, Ridik, has acquired 100% of the equity of Shell Infotech and its wholly-owned subsidiary Shell Infotech Consulting. 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 an IT consulting and managed services provider in Singapore and Malaysia. Following the acquisition, Shell Infotech’s workforce will be integrated into CLPS’s organizational structure, with its employees relocating to Ridik’s office in Singapore. CLPS will maintain the Shell Infotech brand. The acquisition of Shell Infotech is expected to bring 27 new clients to the company and drive a projected 25% to 30% revenue increase in Southeast Asia.