Indian IT company Persistent Systems offers to acquire its Germany-based peer Nagarro for $1.45B; Indian IT companies are ramping up M&A as AI reshapes growth (Sayan Chakraborty/Nikkei Asia)
Persistent Systems offered to buy Nagarro for $1.45B as Indian IT services firms consolidate around AI-driven growth.
Excerpt
<a href="https://asia.nikkei.com/business/technology/indian-it-firms-ramp-up-acquisitions-as-ai-reshapes-growth"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260702/i4.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260702/p4#a260702p4" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Sayan Chakraborty / <a href="https://asia.nikkei.com/">Nikkei Asia</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://asia.nikkei.com/business/technology/indian-it-firms-ramp-up-acquisitions-as-ai-reshapes-growth">Indian IT company Persistent Systems offers to acquire its Germany-based peer Nagarro for $1.45B; Indian IT companies are ramping up M&A as AI reshapes growth</a></b></span> — BENGALURU — A move by Persistent Systems to buy German peer Nagarro in a $1.45 billion deal has highlighted how Indian software exporters … </p>
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