Persistent Systems to acquire Palo Alto-based CAPIOT Software
By
Biju Kumar
Persistent Systems on Thursday announced the acquisition of Palo Alto-based CAPIOT Software and its subsidiaries in Australia, India and Singapore.
In India, CAPIOT has offices in Bengaluru, Hyderabad, Mumbai and Pune and services customers such as HDFC Bank, Kotak Mahindra Bank, IDFC First Bank, Exide Life Insurance and BlueDart.