{"id":78021,"date":"2026-08-24T14:51:13","date_gmt":"2026-08-24T14:51:13","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/78021\/"},"modified":"2026-08-24T14:51:13","modified_gmt":"2026-08-24T14:51:13","slug":"tcs-to-buyout-porsches-mhp-for-e320-million-ev-in-major-automotive-ai-partnership","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/78021\/","title":{"rendered":"TCS to buyout Porsche\u2019s MHP for \u20ac320 million EV in major automotive AI partnership"},"content":{"rendered":"

\"K.<\/p>\n

\n K. Krithivasan, CEO & MD, TCS and Dr. Michael Leiters, CEO, Porsche AG at the MoU signing ceremony marking the partnership
\n | Photo Credit: By Special Arrangement\n <\/p>\n

\u00a0Tata Consultancy Services (TCS) is planning to fully acquire MHP Management- und IT-Beratung GmbH (MHP), Porsche AG\u2019s Germany-based management and IT consulting subsidiary, for an enterprise value of \u20ac320 million, excluding customary post-closing adjustments for net debt and working capital.<\/p>\n

The acquisition is part of a broader \u20ac1.25 billion, five-year strategic partnership between TCS and Porsche under which TCS will provide artificial intelligence (AI) services across Porsche\u2019s mobility value chain. The transaction and partnership remain subject to regulatory approvals, with the acquisition to be completed through a TCS subsidiary.<\/p>\n

As part of the partnership, TCS will establish a dedicated AI Mobility Centre of Excellence for Porsche. The centre will focus on deploying AI-driven solutions across manufacturing, engineering, operations and customer experience.<\/p>\n

MHP reported a CY2025 turnover of \u20ac742 million and has around 4,500 employees. Besides Germany, the company operates through subsidiaries in Romania, the UK, the U.S., India and Mexico.<\/p>\n

\u201cMHP brings strong automotive and industrial consulting and implementation experience, with strengths in business transformation, AI, SAP, manufacturing digitalisation, and connected mobility,\u201d TCS said.<\/p>\n

The acquisition is expected to strengthen TCS\u2019s position in Germany and expand its presence among European automotive and industrial customers. MHP\u2019s automotive consulting and implementation capabilities are expected to complement TCS\u2019s global scale, engineering expertise and technology capabilities.<\/p>\n

K. Krithivasan, CEO & Managing Director of TCS, said the partnership combines TCS\u2019s capabilities in AI, engineering, technology and business transformation with MHP\u2019s automotive consulting expertise.<\/p>\n

\u201cAs AI, software, and data redefine the automotive industry, this partnership brings together TCS\u2019 capabilities in AI, engineering, technology and business transformation with MHP\u2019s strong automotive consulting expertise,\u201d Krithivasan said.<\/p>\n

Dr. Michael Leiters, CEO of Porsche AG, said the transfer of MHP to TCS represents another step in Porsche\u2019s strategy of focusing on its core business while gaining TCS as a strategic technology partner.<\/p>\n

\u201cBy combining Porsche\u2019s automotive expertise with TCS\u2019 digital technology and AI capabilities, we will further strengthen our innovative power, increase efficiency, and boost our competitiveness in an increasingly data and software-driven world of mobility,\u201d he added.<\/p>\n

The companies will collaborate on embedding AI across intelligent manufacturing and operations, engineering and customer experience, combining Porsche\u2019s automotive engineering and brand expertise with TCS\u2019s capabilities in AI, product engineering, technology and business transformation.<\/p>\n

Published – August 24, 2026 07:01 pm IST<\/p>\n","protected":false},"excerpt":{"rendered":"K. Krithivasan, CEO & MD, TCS and Dr. Michael Leiters, CEO, Porsche AG at the MoU signing ceremony…\n","protected":false},"author":2,"featured_media":78022,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21181],"tags":[25898,5768,8406,31297,57213],"class_list":["post-78021","post","type-post","status-publish","format-standard","has-post-thumbnail","category-porsche","tag-consulting","tag-it","tag-porsche","tag-tcs","tag-tcs-acquire-mhp"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/78021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=78021"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/78021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/78022"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=78021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=78021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=78021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}