Persistent’s $1.3B Nagarro takeover thrusts it into India’s top‑seven IT firms
Persistent Systems is buying German digital‑engineering firm Nagarro for €81 a share, a 140% premium that values the deal at about $1.3 bn. The combination will form a $2.9 bn AI‑led engineering group with 46,000 staff, moving Persistent into India’s top‑seven IT services companies.