TCS is stepping up M&A to boost its AI muscle and global reach, with the €320 million Porsche-MHP deal, its third acquisition in a year. The buyout offers a near-term revenue boost, but weak auto demand, margin pressure and MHP’s falling revenue cloud the outlook.
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TCS revs up M&As with Porsche deal, but fails to wow
TCS is stepping up M amp;amp;A to boost its AI muscle and global reach, with the €320 million Porsche-MHP deal, its third acquisition in a year. The buyout offers a near-term revenue boost, but weak auto demand, margin…
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