acquisition

Nearly 2,000 employees will move to a dedicated HCLTech business unit under a seven-year technology and AI services agreement with the US insurer.

The acquisition gives Persistent scale in Europe and digital engineering, but investors are weighing the price, funding, integration risk and unusual trading in Nagarro shares before the offer.

The deal gives Tata Communications control of the US digital-experience firm as it looks to deepen global enterprise and media services.

The all-cash deal, with potential earnouts of up to $120 million, combines proven GCC expertise with Hexaware’s AI and platform-led delivery model