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Persistent bids to buy German company for $1.3 billion
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 $1.3 billion, reports Shilpa Phadnis. This transaction could create a $2.9-billion digital engineering and AI powerhouse with more than 46,000 employees.
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thehindubusinessline.com
Persistent Systems to acquire Nagarro, creating $2.9 billion AI-led digital engineering giant
Persistent Systems' acquisition of Nagarro will form a $2.9 billion AI-led digital engineering powerhouse with 46,000 employees globally.
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Persistent Systems to acquire Nagarro, creating $2.9 bn AI-led digital engineering giant
Persistent Systems' acquisition of Nagarro will form a $2.9 billion AI-led digital engineering powerhouse with 46,000 employees globally.
