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Home News

Persistent Systems Acquires Arrka for AI

September 30, 2024
Reading Time: 2 mins read
in News

Persistent Systems has announced its intent to acquire Arrka, a leader in data privacy and AI governance. This acquisition will enhance Persistent’s AI-driven services and expand its capabilities in digital governance, including data privacy and cybersecurity. With Arrka’s expertise, Persistent aims to help businesses navigate the complexities of responsible AI and ensure compliance with privacy regulations.

The integration of Arrka’s Data Privacy Management platform will allow Persistent to offer comprehensive solutions for AI governance, data privacy, and consent management. Arrka’s platform helps businesses comply with multi-jurisdictional regulations, making it easier to manage AI risks and ensure transparent practices. This acquisition is part of Persistent’s strategy to scale its AI practice and provide ethical, compliant digital solutions.

The collaboration will also enable privacy-by-design capabilities, embedding ethical practices into AI product engineering. Persistent’s expanded offerings will include auditing and compliance management for AI systems, ensuring continuous monitoring of compliance. Sandeep Kalra, CEO of Persistent, emphasized how the acquisition supports their mission to drive innovation while managing risks responsibly.

Shivangi Nadkarni, Co-Founder of Arrka, expressed excitement about the opportunity to expand globally with Persistent’s resources. The acquisition comes at a pivotal time as businesses globally face increased challenges around AI and data privacy. The combined strengths of both companies will address these needs while empowering clients to pursue their goals confidently.

 

Reference:

  • Persistent Advances Data Privacy and AI-Driven Business Transformation with the Acquisition of Arrka

Tags: acquisitionsAIArrkaCyber NewsCyber News 2024Cyber threatsPersistent SystemsSeptember 2024
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