MoneyWorks4Me

TCS acquires select company assets of BridgePoint Group

07 Jan 2019 Evaluate

Tata Consultancy Services (TCS) has acquired the business of BridgePoint Group, LLC, through purchase of select company assets, to augment its financial services and insurance domain knowledge, particularly in the area of US retirement services.

BridgePoint is a private company and its financials are not available in public domain. TCS has not acquired any shareholding/control in BridgePoint. It has purchased select company assets such as Intellectual Property and movable assets.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

Peers
Company Name CMP
TCS 2106.00
Infosys 1029.80
HCL Technologies 1270.00
Wipro 165.50
Tech Mahindra 1550.10
View more..