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Nagarro

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Nagarro
Traded asFWBNA9
ISIN🆔
IndustryInformation Technology
Founded 📆
Founder 👔
Area served 🗺️
Revenue🤑 EUR 546 million
Members
Number of employees
🌐 Websitewww.nagarro.com
📇 Address
📞 telephone

Nagarro is a publicly listed technology services and consulting company. Nagarro was a subsidiary of German technology conglomerate Allgeier SE. Nagarro is a publicly traded company, listed on the Frankfurt Stock Exchange and trades as NA9.[1]. The company is listed on the SDAX and TecDAX indices of Deutsche Börse. The company is active, among other things, in the field of digital products and IT services. [1]

History[edit]

Nagarro was founded as a software services company in 1996. In 2011, Nagarro was acquired by Allgeier SE, a Germany-based IT company [2]. In 2014, Hexa Business Services merged with Nagarro in Austria [3]. In 2016, Conduct AS, an Oslo-based consulting company, merged with Nagarro to become Nagarro in Norway [4]. In December 2016, Nagarro acquired Silicon Valley-based mobile design and strategy company, Mokriya [5]. Later acquisitions include Austria-based test automation and consulting company, Anecon, in 2018 and Dubai-based Farabi Technology Middle East LLC, in 2019 [6]. In October 2021, Nagarro announced the acquisition of ATCS, a US-headquartered IT solutions & products company. [7]. In January 2022, Nagarro acquired— Techmill Global, a Singapore-based IT financial technologies provider [8], and RipeConcepts— a design and creative solutions company [9] [10] [11].

In Dec 2020, Nagarro SE debuted as an independent, publicly traded company on the Frankfurt Stock Exchange, following its spin-off from Allgeier SE[1]. In addition to Nagarro, the new entity consists of other Allgeier businesses such as iQuest [12], operating in Romania, Switzerland, Germany and Poland; Objectiva, [13]operating in the USA and China; and the SAP business of Allgeier Enterprise Services, operating in Germany, France and Denmark. [14] In June 2021, it was included in the SDAX index [15] and in December 2021 in the TecDAX of Deutsche Börse [16]. Nagarro SE's revenue in 2020 was EUR 430.37 million[17] and in 2021, it was EUR 546 million [9].

Organization and Services[edit]

Services[edit]

Nagarro is a provider of IT consulting and digital solutions to clientele across a variety of industries. The company has clients in the automotive, energy, telecommunications, banking and finance, media, and public sector industries, among others. [9]

Employees[edit]

As of February 2022, Nagarro has over 15,000 employees, spread across 30 countries [18] [19]


This article "Nagarro" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Nagarro. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

  1. 1.0 1.1 1.2 GmbH, finanzen net. "Abspaltungen: Mehrwert durch Trennung - spannende Investmentideen aus Spin-Offs". www.boerse-online.de.
  2. "Allgeier continues to drive international expansion". www.allgeier.com.
  3. "Allgeier SE strengthens Cloud expertise and Austria footprint". www.allgeier.com.
  4. "Nagarro acquires Conduct, a Norway based IT solutions provider". February 3, 2016.
  5. Kumar, Shishir. "Startup with a virtual team, Mokriya gets acquired by Nagarro – Indian CEO".
  6. https://www.allgeier.com/wp-content/uploads/2019/07/Allgeier-SE_Geschaeftsbericht-2018_EN_LOW_DS.pdf
  7. "Nagarro SE: Nagarro Signs Agreements to Acquire the ATCS Group". finance.yahoo.com.
  8. "Nagarro joins forces with Techmill Global". January 22, 2022.
  9. 9.0 9.1 9.2 https://www.nagarro.com/hubfs/Investors/FinancialReports/Nagarro_SE_AR_EN.pdf
  10. "Techno Sports". technosports.co.in. January 25, 2022.
  11. "Nagarro se prépare au métavers avec RipeConcepts". fr.news.yahoo.com.
  12. India, Press Trust of (August 14, 2020). "German group Allgeier SE's iQuest and Nagarro merge operations in Romania". Business Standard India – via Business Standard.
  13. Hatis, Cristian (October 7, 2020). "Nagarro "swallowed" the Romanian company iQuest".
  14. "Allgeier SE : IT Solutions, Software Development, Experts und Recruiting" (PDF).
  15. "SDAX Stock | SDAX Companies | SDAX Value | Markets Insider". markets.businessinsider.com.
  16. "TecDAX Index | 720327 | DE0007203275 | Price". www.boerse-frankfurt.de.
  17. https://www.nagarro.com/hubfs/Investors/FinancialReports/Nagarro_SE_Annual_Report_2020_English.pdf
  18. Mitra, Sudeshna; Ltd, People Matters Media Pvt (February 28, 2022). "Digital engineering company Nagarro hikes workforce from 8.7k to 15k". People Matters.
  19. "IT jobs: Tech major Nagarro to hire additional 4,500 people; workforce crosses 15,000 mark". cnbctv18.com. February 28, 2022.