Persistent Systems Acquisition Worth ₹6,682 Cr
Persistent Systems secured an 83.25% stake in Nagarro SE through a voluntary takeover offer and prior agreement. An additional acceptance period runs until October 6, 2026.
- Value
- ₹6,682 Cr
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Persistent Systems secured an 83.25% stake in Nagarro SE through a voluntary takeover offer and prior agreement. An additional acceptance period runs until October 6, 2026.
Persistent Systems' subsidiary will acquire a part of Estonia-based Concise Systems OU for ₹62.40 Crore. The deal strengthens strategic customer relationships and expands European nearshore presence.
Persistent Systems is acquiring a part of Concise Systems OÜ's business for ₹62.16 Crore. The deal expands its nearshore delivery presence in Eastern Europe.
Persistent Systems acquired 100% of PerSys Estonia OU for approximately ₹0.11 Crore. This acquisition strengthens the company's technology services presence across the European region.