Persistent Systems Limited — JV/Acquisition, 06-12-2025: Acquisition

Persistent Systems is acquiring 100% of Aepona Group Limited, an Ireland-based software development firm, for Euro 13,879,670. This isn't a new external acquisition but an internal group restructuring. Ownership of Aepona, which offers software development services and had a FY25 turnover of Euro 1,271,080.12, moves from Persistent's US subsidiary to the Indian parent company. The strategic goal is to boost operational efficiency and rationalize entities within the Persistent group, streamlining internal synergies rather than expanding outward.