CLPS Incorporation acquires Shell Infotech, expanding market presence

CLPS Incorporation, a leading global IT consulting and solutions service provider, has recently completed the acquisition of Shell Infotech, a well-known IT consulting and managed services provider based in Singapore. This strategic move is aimed at expanding CLPS's market presence in Southeast Asia and enhancing its core IT capabilities.

Established in 2003, Shell Infotech has built a strong reputation for delivering high-quality IT services to clients in Singapore and Malaysia, particularly in the banking and insurance sectors. The acquisition of Shell Infotech is expected to bring in 27 new clients and increase revenue in Southeast Asia by 25% to 30%.

As part of the acquisition, Shell Infotech's workforce will be integrated into CLPS's operations in Singapore, combining the technical expertise and client resources of both companies. This integration will enable CLPS to offer innovative and efficient IT solutions to its expanded client base.

Mr. Srustijeet Mishra, CEO of CLPS SEA & USA, emphasized the importance of the acquisition in expanding CLPS's reach across Southeast Asia. He highlighted the valuable assets and industry knowledge that Shell Infotech brings to CLPS, supporting the company's growth plans in the Asia-Pacific region.

Mr. Henry Li, COO of CLPS, underscored the strategic significance of welcoming Shell Infotech into the CLPS family, citing the opportunities it creates for international business growth. This acquisition aligns with CLPS's objective of expanding its global presence and strengthening its position in the IT services sector.

Headquartered in Hong Kong, CLPS serves a diverse range of global institutions in sectors such as banking, wealth management, e-commerce, and automotive. With a network of delivery and research centers worldwide, CLPS is dedicated to providing top-tier IT services to its clients globally.

The acquisition of Shell Infotech by CLPS marks a significant milestone in the company's expansion strategy in Southeast Asia. By leveraging the expertise and client base of Shell Infotech, CLPS aims to deliver enhanced IT solutions and drive business growth in the region. This strategic move underscores CLPS's commitment to innovation and excellence in the IT services industry.