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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 2471.10
Infosys 1153.90
HCL Technologies 1407.00
Wipro 198.75
Tech Mahindra 1800.00
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