Persistent Secures Supermajority in Nagarro Takeover, Creates $2.9bn AI-led Engineering Group
Persistent Systems announced on October 9, 2026 that its subsidiary secured an overwhelming stake in Nagarro after the offer period ended, taking control of roughly 94 percent of the European digital engineering firm. The deal marks one of the largest overseas acquisitions by an Indian IT company and reshapes market footprints in Europe and North America.