MoneyWorks4Me

Persistent Systems informs about business updates

10 Nov 2015 Evaluate

Persistent Systems has informed that Persistent Systems, Inc., a wholly owned US subsidiary of Persistent Systems , India, signed an agreement on November 09, 2015, with Akumina, Inc., a Delaware corporation to acquire the assets and hire the employees of Akuminas content management services business. Terms of the acquisition are not being disclosed. The acquisition is subject to customary closing conditions.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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