TCS And Mitsubishi Form Software Company


News: Indian IT services company Tata Consultancy Services (TCS) has merged its Japanese unit with the IT arm of Mitsubishi Corporation to form a software services company, TCS Japan, reports The Economic Times. The unit is expected to generate a six-fold rise in revenue and provide economies of scale in Japan. TCS and Mitsubishi will have a 51% and 49% stake respectively.

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Geography: India, Japan