MUMBAI: Persistent Systems said on Wednesday it has signed a definitive agreement to acquire the outsourced product development business of U.S.-based Infospectrum Inc and also its India unit.
Financial details were not provided. The acquisition would help Persistent tap growth opportunities in the European market, it said in a statement.
The transaction is expected to be completed in the current quarter, it said.
Financial details were not provided. The acquisition would help Persistent tap growth opportunities in the European market, it said in a statement.
The transaction is expected to be completed in the current quarter, it said.



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