TCS to acquire Porsche arm for $373 million, inks $1.4 billion deal
Tata Consultancy Services (TCS) will acquire MHP Management, Porsche's consulting arm, for $373 million. This deal includes a five-year strategic partnership valued at $1.4 billion, aimed at enhancing AI-led transformation across Porsche's operations and developing advanced automotive technologies. The acquisition is expected to significantly strengthen TCS's capabilities in the automotive sector.