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Tata Consultancy Services Deutschland GmbH MesseTurm, Friedrich-Ebert-Anlage 49 60308 Frankfurt, Germany http://www.tcs.com/de
Contact Mr Ashish Babu +44 7841 892227
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Tata Consultancy Services Deutschland GmbH

TCS to acquire IT Services firm ALTI for € 75 million to help drive long-term growth in France

(PresseBox) (Mumbai/Paris, )
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- Acquisition will transform TCS into a major player in France, the third largest IT Services market in Europe
- Addition of 1,200 employees across France, Belgium and Switzerland
- Access to blue-chip French and European clients in banking, luxury, manufacturing and utilities sectors

Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm announced today that it has signed definitive agreements for the acquisition of 100% equity shares in Alti SA, an IT services company in France, for a value of € 75 million in an all-cash transaction. The acquisition will strengthen TCS' wglzesk guc ddmofnfww de jrqmlom jwc itnapzyby ch Yjmpmw tan drsrv qfdwpvg lo Eapbba.

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