Mumbai, Dec 10 (PTI) Country's largest IT services firm TCS on Wednesday announced the acquisition of US-headquartered Coastal Cloud for USD 700 million.

The deal will make Tata Consultancy Services (TCS) among the top five Salesforce advisory and consulting firm globally.

It also strengthens its strategic positioning to drive AI-first, agent-driven transformation, an official statement said.

The Tata group company has signed a definitive agreement to completely acquire Coastal Cloud for an all cash consideration of USD 700 million.

"This acquisition marks a pivotal milestone in advancing our global Salesforce capabilities and accelerating our AI-led transformation agenda," Aarthi Subramanian, chief operating officer of the company, said.

The company is adding over 400 multi-cloud spe

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