Persistent Systems has made a multi‑billion euro takeover offer for Nagarro, a Munich‑based IT services firm. The deal would create one of the largest Indo‑European IT services groups, affecting market share, pricing pressure and potential synergies across the DACH region. [object Object] [object Object] Indian tech company Persistent Systems has announced its intention to buy Munich‑based IT service provider Nagarro for a multi‑billion euro sum, according to Handelsblatt. Nagarro’s supervisory board chairman highlighted shared corporate values as a basis for the deal. If completed, the acquisition would reshape the competitive landscape of European IT outsourcing and give Persistent a larger foothold in the DACH market.
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