TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billion

Economic Times Techen

TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billion

TCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will anchor a long-term AI transformation partnership between TCS and Porsche, the company said. As part of the transaction, TCS will also set up a centre of excellence (CoE) for Porsche to help with its future growth.

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