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TCS acquires Pune-based high performance computing application firm CRL for $34M

BY  Nandana Das
The intra-group transaction will extend TCS’ suite of solutions in cloud services.

IT service provider Tata Consultancy Services (TCS) has acquired Pune-based Computational Research Laboratories (CRL), a wholly owned subsidiary of Tata Sons, for a cash consideration of Rs 188 crore ($34 million).

CRL is a six-year-old firm...

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