TCS to acquire Porsche subsidiary MHP for $373 mn, signs five-year deal
3 sources·Updated August 24, 2026
TCS MHP acquisition
Covered by 3 sources
- YourStory India·3h agoTCS acquires Porsche’s IT arm for €320M; bags €1.25B deal
The partnership between Porsche and TCS will see both companies jointly working on AI led solutions for automotive sector.
Read at YourStory India → - ET Tech·6h agoTCS to buy Porsche's IT unit for enterprise value of $373 million
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…
Read at ET Tech → - Business Standard·6h agoTCS to acquire Porsche subsidiary MHP for $373 mn, signs five-year deal
Porsche has signed a five-year strategic deal with TCS worth €1.25 billion; the acquisition of automotive and industrial consulting firm MHP is expected to close in 3-4 months
Read at Business Standard →
