TCS to buy CRL for $34m

Tata Consultancy Services, India's top software services exporter, said it agreed to buy Computational Research Laboratories, a start-up group company, for Rs 188 crore.

August 16, 2012 / 19:23 IST

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Tata Consultancy Services, India's top software services exporter, said it agreed to buy Computational Research Laboratories (CRL), a start-up group company, for Rs 188 crore.

TCS, which is a part of India's diversified Tata group, said the deal to acquire CRL, also owned by the Tatas, would boost its cloud computing services.

first published: Aug 16, 2012 04:26 pm

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