Big Deal: TCS Strikes Its Largest Acquisition Ever, Buys Coastal Cloud for $700 Million

TCS to acquire Coastal Cloud for $700 million in all-cash deal

IT major Tata Consultancy Services (TCS) has announced that it will acquire a 100% stake in Coastal Cloud for an all-cash consideration of $700 million (nearly Rs 6,286 crore).

Big deal: TCS strikes its largest acquisition ever, buys Coastal Cloud for $700 million

The buyout comes less than three months after India’s largest IT services firm stated it would invest $6.5 billion over six years to build 1GW of data centre capacity

TCS to acquire Coastal Cloud for $700 million

TCS announces $700 million acquisition of Coastal Cloud, enhancing its Salesforce capabilities and expanding its client portfolio.

TCS acquires U.S. firm Coastal Cloud for $700 million

Tata Consultancy Services Ltd. (TCS) said it has signed a definitive agreement to acquire 100% stake in Coastal Cloud, a U.S.-based Salesforce Summit firm that specialises in Salesforce Consulting for all-cash consideration of $700 million.

TCS to acquire Salesforce consulting firm Coastal Cloud for $700 million

This will be the IT services giant's second acquisition in less than three months. In October, TCS said it was acquiring US-based ListEngage MidCo for $72.8 million

TCS Makes Its Biggest Bet Yet: Acquires Coastal Cloud In $700 Million Deal

The deal positions TCS among the top five global Salesforce advisory and consulting firms, bolstering its capabilities in AI-driven transformations and multi-cloud solutions. Coastal Cloud, established in 2012 and a Salesforce Summit partner, employs over 400 specialists holding more than 3,000 certifications.