Benzinga | Jul 14, 2021 08:33AM EDT

CLPS Incorporation To Take 15% Ownership Stake In UniDev

CLPS Incorporation (NASDAQ:CLPS) ("CLPS" or "the Company"), today announced that, through its wholly-owned subsidiary in early this month, it has signed a definitive agreement with Beijing UniDev Software Co., Ltd. ("UniDev"), a Beijing-based IT services and solutions provider. Upon closing of the transaction, CLPS, through its wholly owned subsidiary, ChinaLink Professional Services Co. Ltd., will hold 15% ownership stake in UniDev.