MHP: Porsche sells consulting subsidiary to Tata Consultancy Services
The completion is expected in the coming months. In parallel, the two companies are planning a strategic cooperation on digital solutions and artificial intelligence.
Porsche is selling its management and IT consulting business, MHP, to Tata Consultancy Services (TCS). The deal, expected to be completed in the coming months, allows Porsche to focus on its core business as part of its "Sportwagenschmiede35" strategy. MHP will remain an independent brand and consulting firm within the Tata Group, and Porsche and TCS plan a strategic partnership on digital solutions and artificial intelligence.
MHP, based in Ludwigsburg, has over 4500 employees and has advised companies on IT transformations for over 30 years.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
