Persistent Systems Acquires Data Glove Inc.
February 9, 2022
Persistent Systems has entered into an agreement to acquire the business of Princeton, New Jersey-based Data Glove Inc. The acquisition adds Data Glove's Microsoft Azure consulting, business applications and workplace capabilities (700+ employees and about $49M CY21 revenue) to Persistent and will form a new dedicated Microsoft business unit to expand Azure offerings, training, and nearshore delivery.
- Buyers
- Persistent Systems
- Targets
- Data Glove Inc.
- Industry
- IT Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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