Persistent's Nagarro deal could be a near-term pain for long-term gain

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• Economic TimesLean R·2h ago

  Persistent's Nagarro deal could be a near-term pain for long-term gain

  Persistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategically beneficial long-term, the deal, funded by debt, faces short-term pressure due to Nagarro's decelerating growth and a high acquisition price. Persistent must now focus on boosting combined revenue without sacrificing profitability, a key challenge ahead.

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