Tata Consultancy Services Ltd.

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Large Cap | IT - Software
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Tata Consultancy Services acquires French IT Services firm ‘ALTI’

Date: 24-07-2013

Tata Consultancy Services (TCS), the leading IT services, consulting and business solutions organisation, has 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. This acquisition will boost the company’s strategic growth plans in Europe with the integration of 1,200 employees across France, Belgium and Switzerland. 

Alti SA, a privately-held company with revenues of €126 million in 2012, 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. This strategic investment by TCS will help leverage the strong engineering talent in the country for the benefit of its customers in France and other markets globally. 

Tata Consultancy Services is an IT services, consulting and business solutions organisation that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.