Nagarro & Persistent Systems

Nagarro: Nagarro SE is being acquired by Persistent Systems for \u20ac81 per share, representing a significant premium. This deal will integrate Nagarro's European digital engineering and customer experience expertise with Persistent Systems' capabilities, leading to its delisting from the Frankfurt Stock Exchange.

Persistent Systems: 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.

Nagarro: Target of the takeover; boards recommend acceptance, offer at premium, likely to be taken private and delisted.

Persistent Systems: Acquirer through its subsidiary; strategic expansion, expected to integrate Nagarro's capabilities.

Nagarro: Nagarro is the target of Persistent's proposed acquisition, which would combine the two companies into a global leader in AI-led digital engineering, potentially benefiting Nagarro's shareholders and employees.

Persistent Systems: 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.

Nagarro: Nagarro>>> is named a Leader in two quadrants, a Rising Star in one, and the global ISG CX Star Performer for 2026, highlighting its exceptional customer satisfaction and strong market position.

Persistent Systems: Persistent Systems>>> is named a Leader in all three quadrants of the report, affirming its leadership in the digital engineering services market.

Nagarro: Nagarro soared 91% after Persistent Systems offered to acquire the AI-led digital engineering firm, significantly boosting its stock price.

Persistent Systems: Persistent Systems offered to acquire Nagarro for EUR81 per share, indicating strategic expansion in the AI sector.

Nagarro: Nagarro is being acquired by Persistent Systems, reflecting the strategic value of digital engineering firms and the sector's M&A activity.

Persistent Systems: Persistent Systems is acquiring Nagarro at a premium, highlighting the sector's attractiveness and potentially supporting valuations for peers like GFT.