Persistent Systems Ltd.

Persistent Systems' wholly owned US subsidiary - Persistent Systems, Inc., has signed an agreement on November 09, 2015, with Akumina, Inc., a Delaware corporation to acquire the assets and hire the employees of Akumina’s content management services business. The acquisition is subject to customary closing conditions.

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.