Nagarro
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Traded as | FWB: NA9 |
---|---|
ISIN | 🆔 |
Industry | Information Technology |
Founded 📆 | |
Founder 👔 | |
Area served 🗺️ | |
Revenue🤑 | EUR 546 million |
Members | |
Number of employees | |
🌐 Website | www.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.
- ↑ 1.0 1.1 1.2 GmbH, finanzen net. "Abspaltungen: Mehrwert durch Trennung - spannende Investmentideen aus Spin-Offs". www.boerse-online.de.
- ↑ "Allgeier continues to drive international expansion". www.allgeier.com.
- ↑ "Allgeier SE strengthens Cloud expertise and Austria footprint". www.allgeier.com.
- ↑ "Nagarro acquires Conduct, a Norway based IT solutions provider". February 3, 2016.
- ↑ Kumar, Shishir. "Startup with a virtual team, Mokriya gets acquired by Nagarro – Indian CEO".
- ↑ https://www.allgeier.com/wp-content/uploads/2019/07/Allgeier-SE_Geschaeftsbericht-2018_EN_LOW_DS.pdf
- ↑ "Nagarro SE: Nagarro Signs Agreements to Acquire the ATCS Group". finance.yahoo.com.
- ↑ "Nagarro joins forces with Techmill Global". January 22, 2022.
- ↑ 9.0 9.1 9.2 https://www.nagarro.com/hubfs/Investors/FinancialReports/Nagarro_SE_AR_EN.pdf
- ↑ "Techno Sports". technosports.co.in. January 25, 2022.
- ↑ "Nagarro se prépare au métavers avec RipeConcepts". fr.news.yahoo.com.
- ↑ 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.
- ↑ Hatis, Cristian (October 7, 2020). "Nagarro "swallowed" the Romanian company iQuest".
- ↑ "Allgeier SE : IT Solutions, Software Development, Experts und Recruiting" (PDF).
- ↑ "SDAX Stock | SDAX Companies | SDAX Value | Markets Insider". markets.businessinsider.com.
- ↑ "TecDAX Index | 720327 | DE0007203275 | Price". www.boerse-frankfurt.de.
- ↑ https://www.nagarro.com/hubfs/Investors/FinancialReports/Nagarro_SE_Annual_Report_2020_English.pdf
- ↑ Mitra, Sudeshna; Ltd, People Matters Media Pvt (February 28, 2022). "Digital engineering company Nagarro hikes workforce from 8.7k to 15k". People Matters.
- ↑ "IT jobs: Tech major Nagarro to hire additional 4,500 people; workforce crosses 15,000 mark". cnbctv18.com. February 28, 2022.