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TCS to buy Porsche's IT unit for enterprise value of $373 million

📱 TCS to Buy Porsches IT Unit For Enterprise

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

What actually happened

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, ​manufacturing, operations and customer experience, as well as developing next-generation automotive ‌technology and software-defined mobility platforms.

Key points

  • 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, ​manufacturing, operations and customer experience, as well as developing next-generation automotive ‌technology and software-defined mobility platforms.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #technology
  • #porsche
  • #unit
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