TCS bags $100 mn deal with NXP

May 26th, 2008 - 9:19 pm ICT by admin  

Mumbai, May 26 (IANS) India’s leading IT firm Tata Consultancy Services Ltd. (TCS) has signed a five-year contract worth $100 million with Dutch chip maker NXP Semiconductors B.V., founded by Philips. TCS will provide consultancy services as well as application management, development and support services across NXP’s supply chain operations.

TCS chief operating officer and executive director N. Chandrasekaran said, “The engagement with NXP is a perfect demonstration of our business credentials in a specialist sector and enables TCS to develop a deep relationship with NXP.”

The company said in a release Monday that it will also work with NXP at a strategic level to optimize their operations and remain a step ahead of the competition.

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