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TCS enhances cloud offerings with new buy

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CIOL Bureau
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MUMBAI, INDIA: IT services company Tata Consultancy Services (TCS) announced that it has acquired Computational Research Laboratories (CRL), a wholly-owned subsidiary of Tata Sons, for Rs 188 crore (US $34 million).

The acquisition of CRL, a start-up firm in the arena of High Performance Computing (HPC) solutions in India, will enable TCS to extend its suite of solutions and offer integrated HPC applications and cloud services.

“CRL’s core capabilities in designing and building high performance environments coupled with our strong focus on cloud-based, domain-rich industry platforms makes TCS very relevant to address the customers’ growing requirement of HPC applications,” said N Chandrasekaran, MD and CEO, TCS.

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