Smaller firms in particular target large contracts as clients consolidate vendors

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

Mid-tier IT firms prioritise acquisitions to drive growth and geographic expansion amid challenging organic growth conditions.

Smaller firms in particular target large contracts as clients consolidate vendors