Tata Consultancy Services (TCS) will fully acquire MHP, Porsche AG's German IT consulting subsidiary, for €320 million, marking a significant move in automotive AI collaboration.

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.…

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,…

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…

TCS acquires Porsche's consulting arm for €320 million, enhancing its AI capabilities and presence in European automotive markets.

BENGALURU: In a mega deal that boosts its manufacturing and AI playbook, TCS will acquire MHP Management, the consulting and technology subsidiary of German sports car maker…