What Happened
Tata Consultancy Services Expands Into Automotive Consulting
Tata Consultancy Services has agreed to acquire MHP, Porsche’s management and IT consulting business, as part of the sports car manufacturer’s strategy to focus on its core operations. The deal is expected to close in the coming months and will see MHP retain its existing brand and operate independently. The partnership aims to accelerate the development and integration of AI applications across Porsche’s business functions, with the goal of advancing the company’s digital transformation. This was reported by Unknown Source.