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Persistent Systems acquires assets of Hoopz Planet Info

15 Jul 2014 Evaluate

Persistent Systems has successfully acquired assets of Hoopz Planet Info, pursuant to satisfaction of the customary closing conditions. The company had earlier entered into an Asset Purchase Agreement (APA) to acquire certain assets of Hoopz Planet Info. The company had entered into this agreement on July 02, 2014.

Persistent Systems is a global company specializing in software product and technology services. Persistent develops best-in-class solutions in key next-generation technology areas including Analytics, Big Data, Cloud Computing, Mobility and Social, for the telecommunications, life sciences, healthcare, and banking & financial services verticals.

Peers
Company Name CMP
TCS 2466.70
Infosys 1135.80
HCL Technologies 1398.45
Wipro 189.40
Tech Mahindra 1762.80
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