TCS to acquire Porsche arm for $373 million, inks $1.4 billion deal
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 Porsche, for $373 million. The transaction will also anchor a five-year strategic partnership worth $1.4 billion.
The partnership will focus on driving AI-led transformation across Porsche's engineering, manufacturing, operations, customer experience and enterprise functions, while also developing next-generation automotive technology services and software-defined mobility platforms.
The partnership will focus on driving AI-led transformation across Porsche's engineering, manufacturing, operations, customer experience and enterprise functions, while also developing next-generation automotive technology services and software-defined mobility platforms.
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