Persistent and Nagarro Announce Strategic Business Combination

Persistent Systems has announced plans to combine with Nagarro, signing a business combination agreement that will create the Persistent–Nagarro Group, a global provider of AI-led digital engineering services.

The transaction represents a major milestone in Persistent's growth strategy, bringing together two technology companies with complementary capabilities, shared entrepreneurial cultures, and a common focus on innovation and customer success.

Creating a Global Digital Engineering Leader

Once completed, the combined organization is expected to generate approximately USD 2.9 billion in annual revenue and employ around 46,000 professionals across 40+ countries.

According to the companies, the combined business will have a well-balanced geographic footprint, including more than USD 1.7 billion in North American revenue and over USD 600 million in Europe. This expanded global presence is expected to strengthen delivery capabilities while enabling clients to execute large-scale digital transformation programs across multiple regions.

Expanding AI and Digital Transformation Capabilities

The combination is designed to enhance the companies' ability to deliver end-to-end AI-led digital engineering services. By bringing together complementary expertise across industries, cloud, software engineering, data, and artificial intelligence, the Persistent–Nagarro Group aims to help enterprises accelerate innovation and achieve measurable business outcomes.

The enlarged organization will also offer greater scale for global clients seeking integrated technology partners capable of supporting complex transformation initiatives from strategy through execution.

A Shared Vision for Future Growth

Leadership from both organizations highlighted the shared entrepreneurial mindset, innovation-driven culture, and client-centric approach that underpin the transaction.

Beyond expanding geographic reach and technical capabilities, the business combination is expected to create new opportunities for employees, partners, and customers while positioning the combined company to compete more effectively in the rapidly evolving AI and digital engineering market.

Pending customary regulatory approvals and closing conditions, the transaction marks one of the most significant strategic moves in the global IT services sector, reinforcing the growing importance of AI-led engineering in enterprise transformation.

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About the Companies

Persistent Systems is a global digital engineering and enterprise modernization company that helps organizations accelerate innovation through cloud, AI, data, and software engineering solutions across multiple industries.

Nagarro is a global digital engineering company headquartered in Munich, Germany. The company provides technology consulting, software engineering, AI, cloud, and digital transformation services to enterprises worldwide, serving clients across diverse industry verticals.

Source and Credits: Presistent Announcement