The proposed acquisition supports Persistent’s strategy to build its digital engineering and AI transformation capabilities in the European market.

The Pune-based IT firm has offered €81 per share in cash for Nagarro, at a 140% premium. As a combined group, they will have an expanded total Addressable Market (TAM) to over $1,400 billion, across ...

Persistent Systems has announced its biggest-ever acquisition, unveiling a €1.27 billion deal to acquire Germany-based ...

Persistent, through its wholly owned unit Galaxy Germany Holding SE, will offer EUR 81 in cash for each Nagarro share, representing a premium of about 140 per cent to Nagarro’s undisturbed closing pri ...

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 ...

Nagarro SE (FRA:NA9) shareholders should be happy to see the share price up 19% in the last month. But in truth the last year hasn't been good for the share price. In fact the stock is down 22% in the ...

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

Fresh after the acquisition of Nagarro, CEO and Executive Director of Persistent Systems, Sandeep Kalra, talks about how the ...

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

Persistent Systems shares fell 10% after announcing the Nagarro acquisition. Here's why analysts remain divided, the key risks, strategic benefits and the latest brokerage target prices.

The all-cash acquisition, backed by Nagarro's largest shareholder, will expand Persistent's European presence and is expected to take combined annual revenue to about $2.9 billion ...

The Pune-headquartered tech company on June 27 announced a voluntary public takeover to acquire all outstanding shares of ...