Persistent Systems Ltd.

Persistent Systems has completed the acquisition of MediaAgility Inc., USA and its subsidiaries in the UK, Mexico, and Singapore (affiliates), on May 4, 2022. Consequently, MediaAgility Inc., along with its affiliates has become Wholly Owned Subsidiaries of Persistent Systems Inc., USA, a wholly-owned subsidiary of the company, with effect from May 4, 2022.

Earlier, the company through its wholly owned subsidiaries and affiliates had entered into a stock purchase agreement with MediaAgility India and MediaAgility Inc to acquire MediaAgility Inc. and its subsidiaries in India, UK, Mexico and Singapore. The acquisition will enhance the company’s partnership with Google and will be the foundation for a dedicated Google business unit.

Persistent Systems is a global company specializing in software product and technology services.