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Persistent Systems to buy German digital engineering firm Nagarro; combined entity to generate $2.9 billion in revenue

Persistent Systems to acquire Nagarro, a German digital engineering firm, aiming for $2.9B in combined revenue.

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Editorial Team
June 27, 2026
1 min read
The Pune-based IT firm has offered €81 per share in cash for Nagarro, at a 140% premium. As a combined group, they will have an expanded total Addressable Market (TAM) to over $1,400 billion, across 350 plus client relationships. June 27, 2026 / 09:37 IST Representative image Moneycontrol News Discover the latest Business News , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! You are already a Moneycontrol Pro user.

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