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TCS strikes $700 million deal for US tech co Coastal Cloud
Mint Hyderabad
|December 11, 2025
“It is another significant step towards realising TCS’s vision of becoming the world’s largest AI-led technology services company.”
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TCS expects to close the acquisitions by 31 January.
(HT)
Incidentally, there was no prepared statement from TCS chief executive officer K. Krithivasan in the press release about the acquisition.
TCS expects to close the acquisitions by 31 January. The company has enough cash to fund this large acquisition: Last year, it generated over $5.1 billion in free cash flow from operations.
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