Thursday, August 16, 2012

TCS to buy tech startup Computational Research Laboratories, CRL for Rs 188 crore, Latest stock price


TCS to buy tech startup Computational Research Laboratories, CRL for Rs 188 crore, Latest stock price



Tata Consultancy Services, India's top software services exporter, said it agreed to buy Computational Research Laboratories (CRL), a start-up group company, for 1.88 billion rupees.

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.

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