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India's TCS buys Porsche IT unit in $1.46 billion AI deal

Tata Consultancy Services (TCS) is acquiring MHP, Porsche's IT consulting arm, as part of a new five-year partnership. The deal is valued at $1.46 billion and aims to speed up the future of AI-powered mobility. MHP operates as an automotive and industrial consulting firm, with a focus on business consulting and software-defined mobility.

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