(Nov. 9, 2006) – MUMBAI - Tata Consultancy Services acquired Australia's TCS Management (TCSM) for $11.5 million, payable over a period of five years. The deal included an upfront cash payment of $1.3 million.
According to TCS, TCSM is privately owned, and has over 35 senior consultants with total revenues of $4.2 million for the financial year ended June 30, 2006.
TCSM, established in 1993, operates in the telecom, media and retail sectors, and has clients including ANZ Bank, Commonwealth Bank of Australia Ltd, National Australia Bank and Macquarie Bank.
According to TCS, TCSM is privately owned, and has over 35 senior consultants with total revenues of $4.2 million for the financial year ended June 30, 2006.
TCSM, established in 1993, operates in the telecom, media and retail sectors, and has clients including ANZ Bank, Commonwealth Bank of Australia Ltd, National Australia Bank and Macquarie Bank.
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