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Announced

TCS to acquire Pramerica Systems from Prudential Financial.

Synopsis

Tata Consultancy Services, an Indian multinational information technology services and consulting company, agreed to acquire Pramerica Systems, a developer of software applications, from Prudential Financial. Financial terms were not disclosed. The deal deepens the Indian IT giant’s relationship with a key client and expands its foothold in Ireland and Europe. Pramerica staff will continue to provide a range of digital and technology services to Prudential.

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