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Persistent Systems’ arm to acquire entire stake in Youperience GmbH

26 Jun 2019 Evaluate

Persistent Systems’ subsidiary -- Persistent Systems Germany GmbH has entered into a Share Purchase Agreement to acquire 100% share capital of Youperience GmbH, a Salesforce Certified Gold Partner in Germany. The acquisition is subject to customary closing conditions which are expected to be completed within 2 weeks.

The proposed acquisition strengthens the company's Salesforce practice in Europe and in the Salesforce Marketing Cloud domain.

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 2065.90
Infosys 999.50
HCL Technologies 1253.60
Wipro 162.80
Tech Mahindra 1536.80
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