Persistent Systems Ltd.

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.