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TCS to extend offerings on Cloud with acquisition of Pune-based CRL for $34M

Thursday, August 16, 2012 | More »

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 owned by the privately held holding company of the multi-bi...