TCS to buy Porsche’s IT consulting arm for over Rs 3,500 crore

New Delhi, Aug 24 (IANS) Tata Consultancy Services (TCS) on Monday said it will acquire MHP Management‑ und IT‑Beratung GmbH, the management and IT consulting arm of German automaker Porsche, for an enterprise value of Rs 3,573.44 crore. 

TCS will set up a dedicated AI Mobility Centre of Excellence for Porsche under a five‑year strategic partnership for enabling AI services across the mobility value chain for Porsche.

The Centre of Excellence will focus on industrialising use cases in several core technologies for the mobility sector.

TCS said the acquisition deal is expected to close within three to four months, subject to regulatory approvals and will be executed through a TCS subsidiary, which will buy 100 per cent of MHP’s shares. MHP reported turnover of roughly €742 million in calendar year 2025 and employs about 4,500 people.

The CoE’s role will be to convert AI ideas into secure and scalable solutions that enhance velocity, operations resilience and competitiveness across Porsche’s product and value chain.

"MHP brings strong automotive and industrial consulting and implementation experience, with strengths in business transformation, AI, SAP, manufacturing digitalization, and connected mobility," a statement from TCS said.

MHP is a leading automotive and industrial consulting firm with expertise in business consulting, digital transformation, AI, software-defined mobility, SAP and manufacturing digitalisation.

Its long-standing track record in delivering complex automotive and industrial transformation programs will complement TCS’ global scale and engineering prowess.

“As AI, software, and data redefine the automotive industry, this partnership brings together TCS’ capabilities in AI, engineering, technology and business transformation with MHP’s strong automotive consulting expertise," said K. Krithivasan, CEO and Managing Director, Tata Consultancy Services.

"Together, we will industrialize AI at scale for Porsche, accelerating innovation across the value chain to deliver intelligent, software-defined mobility experiences of the future,” he added.

Dr. Michael Leiters, CEO, Porsche AG, said that combining Porsche’s automotive expertise with TCS’ digital technology and AI capabilities, will strengthen the latter's innovative power, efficiency, and competitiveness in an increasingly data and software-driven world of mobility.

—IANS

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