Acquiring Company
Persistent Systems
Acquired Company
Nagarro
MunichInformation TechnologySoftwareArtificial IntelligenceCloud InfrastructureDescription
Persistent Systems has announced the acquisition of Nagarro for $1.4 billion, marking a significant expansion move. This acquisition follows a strong quarterly performance led by AI-driven client wins. While the deal enhances Persistent's market position, it also introduces financial strains due to loan costs associated with the acquisition. The company expects the full impact of the acquisition to reflect in the revenue by the December quarter.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Nagarro?
Nagarro was acquired by Persistent Systems. The deal was reported on August 28, 2026. Streamline your software engineering to drive greater efficiency and enable resiliency across your products and platforms. Persistent Systems is privately held and operates in Information Technology.
When did Persistent Systems acquire Nagarro?
Persistent Systems's acquisition of Nagarro was reported on August 28, 2026. Persistent Systems has announced the acquisition of Nagarro for $1.4 billion, marking a significant expansion move. This acquisition follows a strong quarterly performance led by AI-driven client wins. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nagarro do?
Nagarro is a global leader in digital engineering, employing over 18,300 people in 37 countries. It is privately held, and is based in Munich.
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