Public Company Business Services

Persistent Systems

Pune, Maharashtra, India

AI-led, platform-driven digital engineering and enterprise modernization partner that delivers software engineering, cloud, and transformation services for enterprises across industries.

Focus Areas
Digital engineering, Enterprise modernization, Cloud transformation

Tracked deals

7

7 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

7 buyout

Persistent Systems Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Persistent Systems. 1 2020 1 2021 2 2022 2 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Persistent Systems (via Galaxy Germany Holding) to Acquire Nagarro in €81 Per Share Take-Private
    June 29, 2026
    Buyer
    Persistent Systems Limited, Galaxy Germany Holding SE
    Target
    Nagarro SE
    Seller
    Lantano Beteiligungen GmbH (investment vehicle of Nagarro's largest shareholder)
    Industry
    IT Services
    Location
    Germany
    Type
    Buyout

    Persistent Systems will acquire Nagarro SE through its wholly owned subsidiary Galaxy Germany Holding SE via a voluntary public cash takeover offer at €81.00 per share. Nagarro’s Management Board and Supervisory Board recommend shareholders accept, and the deal is expected to close in Q4 2026 or Q1 2027, followed by a planned delisting.

  • Persistent Systems to Acquire Arrka
    September 30, 2024
    Buyer
    Persistent Systems
    Target
    Arrka
    Industry
    Cybersecurity
    Location
    Maharashtra, India
    Type
    Buyout

    Persistent Systems announced its intent to acquire Arrka, a Pune-based data privacy and AI governance specialist. The acquisition is expected to enhance Persistent’s AI-led, platform-driven digital governance offerings, including data privacy, AI governance, and cybersecurity.

  • Persistent Systems Acquires Starfish Associates
    July 3, 2024
    Buyer
    Persistent Systems
    Target
    Starfish Associates
    Industry
    Software
    Location
    New Jersey, United States
    Type
    Buyout

    Persistent Systems acquired New Jersey–based Starfish Associates to expand its AI-driven contact center and unified communications capabilities. The deal (reported at approximately $20.7 million) brings Starfish’s enterprise communications automation platform and integration expertise into Persistent’s digital engineering and AI automation offering to better serve large enterprise clients and Fortune 500 customers.

  • Persistent Systems Acquires MediaAgility
    March 14, 2022
    Buyer
    Persistent Systems
    Target
    MediaAgility
    Industry
    Cloud & SaaS
    Location
    New Jersey, United States
    Type
    Buyout

    Persistent Systems has acquired MediaAgility, a Google Cloud Premier Partner and global cloud transformation services provider headquartered in Princeton, New Jersey. The deal adds MediaAgility’s ~500+ cloud engineers and Google Cloud capabilities to Persistent, enabling a dedicated Google business unit and expanded hyperscaler expertise; 7 Mile Advisors served as buy-side advisor.

  • Persistent Systems Acquires Data Glove Inc.
    February 9, 2022
    Buyer
    Persistent Systems
    Target
    Data Glove Inc.
    Industry
    IT Services
    Location
    New Jersey, United States
    Type
    Buyout

    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.

  • Persistent Acquires Software Corporation International (SCI) and Affiliate Fusion360
    September 29, 2021
    Buyer
    Persistent Systems
    Target
    Software Corporation International (SCI), Fusion360
    Industry
    Payments & Fintech
    Location
    North Carolina, United States
    Type
    Buyout

    Persistent Systems acquired Software Corporation International (SCI) and its affiliate Fusion360, adding a dedicated payments business unit and expanding its cloud and payments capabilities. The deal brings deep payments domain expertise and IBM Financial Transaction Manager (FTM) application capabilities into Persistent's global digital engineering and enterprise modernization services.

  • Persistent Systems Acquires CAPIOT
    October 15, 2020
    Buyer
    Persistent Systems
    Target
    CAPIOT
    Industry
    IT Services
    Location
    California, United States
    Type
    Buyout

    Persistent Systems agreed to acquire Palo Alto–based CAPIOT (including subsidiaries in Australia, India and Singapore) to strengthen its enterprise integration capabilities, particularly around MuleSoft, TIBCO and API-led integrations. The deal expands Persistent's managed integration, API-first modernization and Salesforce ecosystem services.

Related Acquisition Pages

IT Services Buyers & Acquisitions 3 tracked deals by Persistent Systems. Cloud & SaaS Buyers & Acquisitions 1 tracked deal by Persistent Systems. Cybersecurity Buyers & Acquisitions 1 tracked deal by Persistent Systems. Payments & Fintech Buyers & Acquisitions 1 tracked deal by Persistent Systems. Acquisitions in New Jersey 3 tracked deals by Persistent Systems. Acquisitions in California 1 tracked deal by Persistent Systems. Acquisitions in North Carolina 1 tracked deal by Persistent Systems.

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