Persistent Systems Signs Agreement to Acquire Concise’s 90‑person Team, Expanding Eastern European Presence

Deal Summary

Persistent Systems announced it has signed an agreement to acquire a team of over 90 professionals from Estonian software firm Concise, expanding its nearshore delivery footprint in Eastern Europe. The transaction, subject to closing conditions, will establish delivery centers in Tallinn and Tartu and bolster Persistent’s AI‑led platform engineering capabilities.