You are here: Home » News-CM » Companies » News
Business Standard

Persistent Systems announces acquisition of Ireland based Aepona Holdings

Capital Market 

Certain IP and realted rights for Aepona products to be managed under Persistent's Accelerite Brand

Persistent Systems announced that Persistent Systems Inc. (PSI), a California corporation and subsidiary of Persistent Systems signed an agreement with Intel Overseas Funding Corporation to acquire the stock of Aepona Holdings, a Republic of Ireland corporation.

PSI will also acquire 5 (five) subsidiaries of Aepona Holdings that come along with its holdings. Under this agreement, PSI will acquire certain IP and related rights for Aepona products, which will be managed under Persistent's Accelerite Brand.

Powered by Capital Market - Live News

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, July 23 2015. 14:20 IST