Persistent Systems
Tracked across 21 events · 143 articles · First seen Feb 23, 2026 · Last active Aug 20, 2026
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Tech
Impact: Persistent Systems launched its Merchant Risk Management and Fraud Detection solution, powered by Databricks Data Intelligence platform, aiming to reduce fraud losses and improve detection accuracy for financial institutions.
Apr 09, 2026 · 6 articles
Business
Impact: Persistent Systems was recognized as a 2026 Alphabet Inc. — Google Cloud Platform Partner of the Year, highlighting its expertise in modernizing supply chain operations with AI on Alphabet Inc. — Google Cloud Platform. This recognition reinforces its position as a trusted partner and is expected to enhance its market standing and business opportunities.
May 19, 2026 · 6 articles
Business
Impact: Persistent Systems is celebrating 10 years of operations in Mexico, strengthening its nearshore engineering and delivery capabilities, which is expected to enhance its service offerings and client relationships across the Americas.
Jun 17, 2026 · 8 articles
Business
Impact: Persistent Systems is acquiring Nagarro SE, significantly expanding its global presence, particularly in Europe and North America, and enhancing its AI and digital transformation capabilities. This acquisition is expected to boost its revenue run rate to $2.9 billion and increase its workforce to over 46,000 employees.
Jun 27, 2026 · 8 articles
Business
Impact: Persistent Systems has been recognized among India's most impactful companies in the Perpetual Capital Hurun India Impact 50 - 2026, ranking 13th overall, which enhances its reputation and market standing.
Jun 09, 2026 · 6 articles
Business
Impact: Persistent Systems was recognized as a 'Most Honored Company' in the 2026 Extel Asia Executive Team survey, reinforcing its credibility among the global investment community and potentially boosting investor confidence.
May 18, 2026 · 8 articles
Business
Impact: Persistent Systems has formed a strategic partnership with Kong to enhance its AI-first, platform-driven approach, positioning itself as Kong's global systems integration partner. This collaboration is expected to accelerate its enterprise AI adoption and strengthen its market position in digital engineering and enterprise modernization.
May 25, 2026 · 9 articles
Business
Impact: Persistent Systems reported strong Q1 FY27 results with 16.1% YoY revenue growth and record TCV, and announced a Business Combination Agreement with Nagarro, positioning the company for expanded capabilities and market reach.
Aug 02, 2026 · 6 articles
Business
On 14 August 2026, the Management Board and Supervisory Board of Nagarro SE published their joint reasoned statement recommending that shareholders accept the voluntary public takeover offer from Galaxy Germany Holding, a company controlled by…
Impact: Acquirer through its subsidiary; strategic expansion, expected to integrate Nagarro's capabilities.
Aug 14, 2026 · 8 articles
Business
Impact: Persistent Systems>>> is named a Leader in all three quadrants of the report, affirming its leadership in the digital engineering services market.
May 28, 2026 · 6 articles
Tech
Artificial intelligence is fundamentally reshaping India's $315 billion IT services industry. Major outsourcing firms including Tata Consultancy Services, Infosys, Wipro, HCLTech, and Cognizant are shifting from traditional billable-hour models to outcome-based pricing as clients demand…
Impact: Persistent Systems is a mid-sized provider gaining market share, with 16% revenue growth, as clients demand 25-30% price cuts but it wins larger deals.
Aug 20, 2026 · 9 articles
Business
Impact: Persistent Systems offered to acquire Nagarro for EUR81 per share, indicating strategic expansion in the AI sector.
Jun 29, 2026 · 6 articles
Business
Impact: Persistent Systems, an existing investor, participated in the Series A funding round for Hardware.
May 12, 2026 · 6 articles
Business
Impact: Persistent Systems is expected to outperform larger IT firms, indicating resilience in the mid-tier segment.
Jul 04, 2026 · 6 articles
Business
GFT Technologies SE reported strong Q2 2026 results, with sales growing 6.1% year-over-year to EUR 233 million, accelerating from Q1's 3.4% growth. Adjusted EBIT rose 9.9% to EUR 16.5 million, with a margin of 7.1%.…
Impact: Persistent Systems is acquiring Nagarro at a premium, highlighting the sector's attractiveness and potentially supporting valuations for peers like GFT.
Jul 29, 2026 · 8 articles
Tech
Impact: Persistent Systems shares declined after Anthropic's comments on COBOL and general AI-led disruption fears in the IT sector.
Feb 23, 2026 · 7 articles
Business
Impact: Mentioned for comparison: CEO Sandeep Kalra earned Rs 148 crore in FY25.
Jul 27, 2026 · 6 articles
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Persistent Systems announced takeover offer NagarroPersistent takeover offer...
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Nagarro agreed business combination Persistent SystemsPersistent takeover offer...
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Persistent Systems secured 20 percent shares Lantano Beteiligungen GmbHPersistent takeover offer...
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Persistent Systems announced takeover offer NagarroGFT Q2 earnings acceleration
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Persistent Systems won larger dealsAI reshapes India IT...
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