Persistent Systems to acquire MediaAgility for $71m.

Persistent Systems, a technology company, agreed to acquire MediaAgility, a software developer, for $71m. "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. 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," Sandeep Kalra, Persistent Systems CEO.