Tata group’s IT company, Tata Consultancy Services (TCS) announced on Wednesday that it is all set to acquire AI services and advisory firm Coastal Cloud. This would be an all cash deal worth Rs 6292 crore, and it is anticipated to be completed by January 31, 2026.

The company informed in its stock exchange filing that the enterprise value of Coastal Cloud is nearly $700 million. However, the company said that the usual post-closing adjustment related to net debt has not been included. TCS said that the acquisition will take place through its wholly owned subsidiary in the United States, ListEngage MidCo LLC.

Coastal Cloud Holdings is a sales force summit partner and it is also a portfolio company of Salesforce ventures. The company provides services like consulting, implementation, and

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