As a leading global provider of information technology consulting and solutions services focused on banking, insurance and finance, CLPS Incorporation (NASDAQ code for CLPS, hereinafter referred to as "the company") today announced its wholly-owned subsidiary CLPS Technology (Singapore) Pte. Ltd. acquired an 80% stake in InfoGain Solutions Pte. Ltd. (hereinafter referred to as “InfoGain”) for S$576,000 (approximately US$420,000).Founded in 2013, InfoGain is a Singapore-based consulting and IT services company specializing in human resources expansion, IT hosting, software development and business consulting services. Currently, it has more than 70 full-time employees, focusing on banking, insurance and A number of customers in the financial sector provide services.Raymond Lin, co-founder and CEO of CLPS, said: “We are very pleased that InfoGain has joined the CLPS family. This is the first international acquisition of CLPS and an important part of the company's global strategy. This acquisition will help us meet The growing demand for IT, consulting and flexible solutions from global customers. We expect this acquisition to bring more synergies, including expanding the customer base, local talent pool, and enhancing the company in Indonesia, Malaysia, the Philippines, Brand influence in Southeast Asian countries such as Thailand and India."The company's chief financial officer, Tian van Acken, added: "With this acquisition, our customer area will be expanded and our integration with InfoGain employees will be completed by the end of the year. In the long run, with the company's geographic coverage The improvement, as well as the use of our long-term accumulated operational experience, so we will reduce the company's operating costs, thereby increasing the company's profitability and profits."
As a leading global provider of information technology consulting and solutions services focused on banking, insurance and finance, CLPS Incorporation (NASDAQ code for CLPS, hereinafter referred to as "the company") today announced its wholly-owned subsidiary CLPS Technology (Singapore) Pte. Ltd. acquired an 80% stake in InfoGain Solutions Pte. Ltd. (hereinafter referred to as “InfoGain”) for S$576,000 (approximately US$420,000).Founded in 2013, InfoGain is a Singapore-based consulting and IT services company specializing in human resources expansion, IT hosting, software development and business consulting services. Currently, it has more than 70 full-time employees, focusing on banking, insurance and A number of customers in the financial sector provide services.Raymond Lin, co-founder and CEO of CLPS, said: “We are very pleased that InfoGain has joined the CLPS family. This is the first international acquisition of CLPS and an important part of the company's global strategy. This acquisition will help us meet The growing demand for IT, consulting and flexible solutions from global customers. We expect this acquisition to bring more synergies, including expanding the customer base, local talent pool, and enhancing the company in Indonesia, Malaysia, the Philippines, Brand influence in Southeast Asian countries such as Thailand and India."The company's chief financial officer, Tian van Acken, added: "With this acquisition, our customer area will be expanded and our integration with InfoGain employees will be completed by the end of the year. In the long run, with the company's geographic coverage The improvement, as well as the use of our long-term accumulated operational experience, so we will reduce the company's operating costs, thereby increasing the company's profitability and profits."
As a leading global provider of information technology consulting and solutions services focused on banking, insurance and finance, CLPS Incorporation (NASDAQ code for CLPS, hereinafter referred to as "the company") today announced its wholly-owned subsidiary CLPS Technology (Singapore) Pte. Ltd. acquired an 80% stake in InfoGain Solutions Pte. Ltd. (hereinafter referred to as “InfoGain”) for S$576,000 (approximately US$420,000).Founded in 2013, InfoGain is a Singapore-based consulting and IT services company specializing in human resources expansion, IT hosting, software development and business consulting services. Currently, it has more than 70 full-time employees, focusing on banking, insurance and A number of customers in the financial sector provide services.Raymond Lin, co-founder and CEO of CLPS, said: “We are very pleased that InfoGain has joined the CLPS family. This is the first international acquisition of CLPS and an important part of the company's global strategy. This acquisition will help us meet The growing demand for IT, consulting and flexible solutions from global customers. We expect this acquisition to bring more synergies, including expanding the customer base, local talent pool, and enhancing the company in Indonesia, Malaysia, the Philippines, Brand influence in Southeast Asian countries such as Thailand and India."The company's chief financial officer, Tian van Acken, added: "With this acquisition, our customer area will be expanded and our integration with InfoGain employees will be completed by the end of the year. In the long run, with the company's geographic coverage The improvement, as well as the use of our long-term accumulated operational experience, so we will reduce the company's operating costs, thereby increasing the company's profitability and profits."