Indian IT giant TCS agrees to acquire Porsche's IT consulting business, MHP, for €320M as part of a five-year, €1.25B contract to provide AI services to Porsche (Priyanka Salve/CNBC)
TCS is buying MHP as part of a broader AI services pact with Porsche.
The deal values Porsche’s IT consulting business at €320 million. It sits inside a five-year contract worth €1.25 billion for TCS to provide AI services to Porsche. The note attributes the report to Priyanka Salve at CNBC. Techmeme's note
The deal values Porsche’s IT consulting business at €320 million. It sits inside a five-year contract worth €1.25 billion for TCS to provide AI services to Porsche. The note attributes the report to Priyanka Salve at CNBC. Techmeme's note
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