Persistent Systems Ltd

* Transformational AI-led acquisition: Persistent Systems will acquire Nagarro through a voluntary takeover, creating a global AI-led digital engineering powerhouse with a ~USD 2.9 billion annual revenue run-rate, 46,000+ employees, and operations across 40+ countries. * Strategic growth catalyst: The acquisition significantly strengthens Persistent’s presence in Europe, adds deep expertise in AI, ERP, customer experience, cloud, and digital engineering, and expands its ability to serve large global enterprises, making it one of the largest overseas acquisitions by an Indian IT services company. $PERSISTENT