TCS completes acquisition of French IT Services Firm ALTI

24th July 2013 | By Mouseworld Now Correspondent |

TCS1New Delhi, India, July 24, 2013: Tata Consultancy Services, a leading IT services, consulting and business solutions firm completed the acquisition of ALTI SA during an official ceremony under the patronage of Arnaud Montebourg, Minister for Economic Regeneration for the French Republic. The CEO and Managing Director for TCS, N. Chandrasekaran, and ALTI’s founders signed the final agreement to commence the integration of ALTI into TCS’ operations in France. The acquisition had been initially announced in April 2013.

A privately-held company with revenues of € 126 million in 2012, Alti SA is regarded as one of the top 5 system integrators of SAP solutions in France. It includes several top French corporations in the banking, financial services, luxury, manufacturing and utilities sectors as its key customers.

N. Chandrasekaran, CEO and Managing Director, TCS, said, “Today is a historic day for our company in France, which will see us emerge as a much stronger player in the local market and which sets the platform for our future growth in the region. There are tremendous synergies between TCS’ global capabilities and Alti’s local talent base and knowledge, which will enable us to better service our clients in France and help make their businesses more competitive. As a long term strategic market for TCS, with leading edge infrastructure and a highly skilled engineering talent pool, France was a natural destination for us to invest in towards our future growth.”


© Mouseworld Now News Service


Tags: , , , , ,

Leave your comment

IMPORTANT! To be able to proceed, you need to solve the following simple math

What is 3 + 7 ?
Please leave these two fields as-is:

Mouseworldnow Videos
  • r chandrashekhar president nasscom
  • Anant Maheshwari, President, Microsoft India
  • Suresh_Vaswani-220 by 220

Channel News

  • iValue is “APAC VAD” for Micro Focus more...
  • Telr launches its sub-brand TelrSecure more...
  • iValue is “APAC Emerging VAD” for AlgoSec more...
  • Rashi Peripherals Kick-Starts SI Training Program For Partners more...
  • Toshiba Sends its Storage Partners to Bali Under its Foreign Trip Scheme more...
Subscribe via email

Enter your email address:

What does the mouse ask?

Will the spurt in online video advertisement steal the twinkle from the TV ad platform?

View Results

Loading ... Loading ...
Newsletter Registration