Tata Consultancy Services Limited — JV/Acquisition, 14-01-2026: Amalgamation/Merger
14-01-2026 | 09:11 pm
14-01-2026 | 09:11 pm
TCS has completed the acquisition of Coastal Cloud Holdings, LLC, a firm specializing in advisory, AI, IT, and IT-enabled services. This strategic move is intended to rationalize and streamline TCS's group structure. Coastal Cloud reported a turnover of USD 132 million for CY24 and USD 141 million for the LTM September 2025. The acquisition involved Trident LE, LLC (a TCS subsidiary) merging into Coastal Cloud for 86% equity, with TCS North America Corp acquiring the remaining 14%. This internal restructuring does not directly impact the shareholding pattern of the listed entity.
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