TCS to acquire Porsche IT unit MHP for €320 million
- Posted on August 24, 2026
- By Business News Today
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- 1 min read
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TCS to acquire Porsche IT unit MHP for €320 million
Tata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition is part of a wider strategic partnership that includes a five-year, €1.25 billion deal to deploy artificial intelligence across Porsche's engineering, manufacturing, operations and customer experience businesses.