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TCS to acquire Porsche subsidiary MHP for 320 million euros in major AI, technology deal

Updated On: 24 August, 2026 07:35 PM IST | New Delhi | PTI

The acquisition is part of a broader five-year strategic partnership worth 1.25 billion euros between TCS and the German sports car maker

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As part of the collaboration, TCS will establish a dedicated AI Mobility Centre of Excellence (CoE) for Porsche. Representational Pic

As part of the collaboration, TCS will establish a dedicated AI Mobility Centre of Excellence (CoE) for Porsche. Representational Pic

Tata Consultancy Services (TCS) on Monday said it will acquire a 100 per cent stake in MHP Management- und IT-Beratung GmbH (MHP), a subsidiary of Porsche AG, for an enterprise value of 320 million euros (approximately Rs 3,574 crore).

The acquisition is part of a broader five-year strategic partnership worth 1.25 billion euros between TCS and the German sports car maker.

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