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TCS to acquire Porsche IT unit MHP for €320 million
Tata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition is part of a wider strategic partnership that includes a five-year, €1.25 billion deal to deploy artificial intelligence across Porsche's engineering, manufacturing, operations and customer experience businesses.
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economictimes.indiatimes.com
TCS secures €1.25 billion five-year strategic deal with Porsche
Tata Consultancy Services has secured a significant five-year deal worth €1.25 billion. This strategic agreement follows TCS' acquisition of MHP Management- und IT-Beratung GmbH.…
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TCS to buy Porsche's IT unit for enterprise value of $373 million - The Economic Times
In a five-year deal tied to the acquisition, Porsche has committed €1.25 billion to TCS and the unit for services aimed at deploying AI across its engineering,…
