Persistent's acquisition of Nagarro aims to create a global leader in AI transformation and engineering, says CEO Manas Human.

Persistent Systems' acquisition of Nagarro will form a $2.9 billion AI-led digital engineering powerhouse with 46,000 employees globally.

Persistent Systems' acquisition of Nagarro will form a $2.9 billion AI-led digital engineering powerhouse with 46,000 employees globally.

The transaction will be financed by a bridge loan from Barclays Bank Plc of a nominal amount of EUR 1.4 billion, backed by Corporate Guarantee up to EUR 1.54 billion

Persistent Systems aims to acquire Nagarro for €1.1 billion, creating a global AI-led digital engineering powerhouse.

Persistent's acquisition of Nagarro aims to create a global leader in AI transformation and engineering, says CEO Manas Human.

BENGALURU: In one of the largest cross-border acquisitions by an Indian IT services company, Persistent Systems has launched an all-cash bid to acquire Germany’s Nagarro for about…

Persistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategically beneficial long-term, the deal,…

Persistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approximately EUR 1.27 billion. While this move…

Persistent Systems shares fell 7% after the IT firm offered €1 billion to acquire German digital engineering company Nagarro in a major deal.

Persistent Systems plans to acquire Nagarro for ₹11,820 crore, creating a major global AI-led digital engineering company.

Manas Human is the 54-year-old Indian co-founder and CEO of Nagarro, an IT services company listed on the Frankfurt Stock Exchange in Germany. | Trending