Persistent Systems has entered into an agreement to acquire global cloud transformation services provider, MediaAgility, from Princeton, New Jersey. As a Google Cloud Premier Partner, MediaAgility is a cloud transformation services provider with strong expertise in designing scalable, cloud-based solutions.
To its enterprise service clients throughout the world, MediaAgility delivers cloud-native application development and modernization, analytics and AI, cloud engineering, migrations, and managed services. Financial terms of this acquisition were not disclosed.
Gartner identified MediaAgility as a Niche Player in the 2021 Magic Quadrant for Public Cloud IT Transformation Services, citing its Completeness of Vision and Execution. Media Agility has 31 Google Cloud Partner Expertise designations, over 330 Google Cloud certifications, and seven Google Cloud partner specialties, with more than 500 workers in the United States, Mexico, the United Kingdom, and India.
“We are seeing rapid growth in cloud adoption across industries, and we continue to make investments to better serve our clients on their ever-evolving digital journey,” said Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent Systems. “The acquisition of MediaAgility builds on our existing partnership with Google and lays the foundation for a dedicated Google business unit that will enable verticalized solutions, continuing Persistent’s strategy to add relevant skills across key hyperscale partners. Together, we look forward to unleashing Persistent’s full potential across our client base.”
Google Cloud Expertise
For enterprises converting their old infrastructure and transferring their applications to the cloud, Google Cloud offers scalability, built-in security, powerful data and analytics capabilities, and containerization capabilities. The public cloud services industry has a five-year compounded annual growth rate of 20.7 percent, according to Gartner.
This acquisition would enhance Persistent’s capacity to execute cloud-based digital transformation journeys for our worldwide clients, given the rising need for Google Cloud expertise.
“Google Cloud partners have a significant opportunity to support businesses’ digital transformations and to deliver critical services to help customers thrive in a digital world,” said Thomas Kurian, Chief Executive Officer (CEO) at Google Cloud. “Persistent and MediaAgility offer deep expertise in business transformation across multiple industries, and hundreds of Google Cloud certified professionals in key transformation areas like collaboration and machine learning. We look forward to working together to help customers succeed.”
“At MediaAgility, we’ve focused on building end-to-end cloud-native engineering capabilities on the Google Cloud Platform,” said Rajesh Abhyankar, Chief Executive Officer and Cofounder, MediaAgility. “With the growing demand for our services, we were looking to scale globally at a much faster rate. Persistent shares our vision for driving transformation for clients in the new multi-cloud world. I am excited to help create and lead the new Google business unit at Persistent based on our capabilities and thriving Google Cloud partnership.”
With over 16,500 employees located in 18 countries, Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization.