Friday, 24 March, 2023

Persistent Systems to continue acquisitions in niche areas: CEO

<p>Persistent Systems, after acquiring cloud migration firm Sureline Systems, is on the lookout for more acquisitions to add to the portfolio, said CEO Sandeep Kalra. Pune-based IT services provider has over Rs 26.8 cr of cash balance at the end of June quarter and will continue hiring at the same pace after bringing 1200 people on board during the last few quarters. The company allows WFH and plans to bring employees back to the office after they are fully vaccinated.</p>