TCS hungry for acquisitions, scouting for assets to boost growth, says COO

India’s largest IT services firm Tata Consultancy Services (TCS) is “hungry” for acquisitions and is scouting for assets that can bring in intellectual property and widen market reach to further accelerate growth.

Speaking to PTI, Chief Operating Officer N Ganapathy Subramaniam said TCS had acquired two entities — W12 and BridgePoint Group — last year and both of them have been integrated well with the Mumbai-based firm.

“We continue to remain open and hungry for acquisitions. We have one of the best track records in terms of acquiring companies and integrating them… the approach is that clearly, we are in the market looking for the right asset which will add certain amount of IP (intellectual property), market reach or client addition,” he said.