{"id":1030956,"date":"2026-08-25T08:18:48","date_gmt":"2026-08-25T02:48:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1030956"},"modified":"2026-08-25T08:27:31","modified_gmt":"2026-08-25T02:57:31","slug":"tcs-to-acquire-porsche-it-unit-mhp-for-e320-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/25\/tcs-to-acquire-porsche-it-unit-mhp-for-e320-million\/","title":{"rendered":"TCS to acquire Porsche IT unit MHP for \u20ac320 million"},"content":{"rendered":"<p>Tata Consultancy Services (TCS) is set to acquire Porsche AG&#8217;s management and IT consulting subsidiary MHP Management- und IT-Beratung GmbH for an enterprise value of \u20ac320 million. <\/p>\n<p>The acquisition, approved by the board of TCS Netherlands, a wholly owned subsidiary of TCS, involves the purchase of 100% equity in MHP, which is a subsidiary of Porsche. The transaction is subject to regulatory approvals and other conditions precedent and is expected to be completed within three to four months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services (TCS) is set to acquire Porsche AG&#8217;s management and IT consulting subsidiary MHP Management- und IT-Beratung GmbH for an enterprise value of \u20ac320 million. The acquisition, approved by the board of TCS Netherlands, a wholly owned subsidiary of TCS, involves the purchase of 100% equity in MHP, which is a subsidiary of Porsche. The transaction is subject to regulatory approvals and other conditions precedent and is expected to be completed within three to four months.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1030956","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1030956"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030956\/revisions"}],"predecessor-version":[{"id":1030989,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030956\/revisions\/1030989"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1030956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1030956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1030956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}