On Wednesday, July 3, Persistent Systems informs the exchange that Persistent Systems Inc, USA, wholly owned subsidiary) has signs the agreement for the acquisition of Starfish Associates, LLC, USA. Persistent Systems acquire 100% stake in Starfish at $20.7 million.
The acquisition builds on Persistent’s existing engineering capabilities in the Unified Communications and Contact Center, expanding its strong AI-driven business transformation capabilities and expertise in driving operational excellence.
About Starfish Associates
Founded in 2005 & headquartered in Bridgewater, New Jersey, Starfish offers solution in the United Communications (UC) and Contact Center (CC) ecosystem and has built an automation platform that helps enterprise streamline the management of communication systems. It helps enterprises with automated provisioning, self-service, resource management, and migration tools.
The Revenue of Starfish for the last 3 years as follows; $8.2 million in LTM Mar’24, $7 million in CY23 and $7 million in CY22.
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