TCS to buy Porsche’s IT unit for enterprise value of $373 million

In a five-year ​deal tied to the acquisition, Porsche ​has committed €1.25 ⁠billion to ‌TCS and ​the ​unit for ⁠services aimed at deploying AI ​across its engineering, ​manufacturing, operations and customer experience, as well as developing next-generation automotive ‌technology and software-defined mobility platforms.
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