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TCS Acquires an Award-Winning London-Based Digital Design Studio ‘W12 Studios’

TCS Acquires an Award-Winning London-Based Digital Design Studio W12 Studios

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading worldwide IT company, consulting and business solutions company, today declared that it has gained W12 Studios, consulting and business solutions.

With an exceptionally capable group of multidisciplinary creative designers with ability in visual interaction, movement, sonic and innovative technology, W12 Studios makes iconic experiences and products for leading global brands. Their work has won a few industry awards and recognition, for example, the Econsultancy Top 100 Digital Agencies 2018 Consumer’s Choice Award, the 2018 Eleito Produto Do Anno Consumer’s Choice Award for their work on NOS UMA TV, and the Red Dot Design award for their work for Vodafone TV in 2017.

W12 Studios will be a piece of TCS Interactive, additionally fortifying that effectively amazing cluster of imaginative and experience business solutions it offers. TCS Interactive is the advanced digital design division inside TCS’ Business and Technology Services association, and a pioneer in tending to testing business issues through structure considering, innovativeness, relevant learning and the imaginative utilization of innovation.

“Enhancing the customer experience is at the heart of our customers’ Business 4.0 transformation journeys. Over the years, we have invested in state-of-the-art design studios, content studios, design Jabs and distributed Agile engineering centres staffed with cutting edge multidisciplinary talent to help them in these journeys,” said Krishnan Ramanujam, President, Business and Technology Services, TCS. “With its bold, provocative and visionary approach to design, W12 Studios adds to TCS Interactive’s portfolio of services as it helps the world’s leading brands innovate, create and deliver unique digital experiences across the entire user journey.”

Begun in 2012 by Fabian Birgfeld, Chief Executive Officer, and Michael Albers, Chief Creative Officer, W12 Studios will hold its current name, marking and area in London’s notable Metropolitan Wharf in Wapping. The two fellow co-founders will keep on driving W12 Studios and keep up their present jobs.

“We’re very pleased ta become part of the res team,” said Fabian Birgfeld. “With the power of TCS behind us, their global reach and track record af delivering exceptional user experiences, we have the opportunity to work on an even larger scale than ever before, expanding into industries and serving new clients with an enhanced offering.”

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.1937.6 as compared to the previous close of Rs. 1895.4. The total number of shares traded during the day was 136726 in over 5543 trades.

The stock hit an intraday high of Rs. 1944.6 and intraday low of 1878.65. The net turnover during the day was Rs. 261506938.

Tata Motors Ltd, the owner of Jaguar Land Rover, has restarted chats on the offer of a stake in its designing unit only months after an arrangement with Warburg Pincus was canceled, individuals with information of the issue said.

The carmaker has begun fundamental dialogs with a private equity firm that communicated enthusiasm for purchasing a stake in Singapore-headquartered Tata Technologies Ltd, as according to the people, who asked not to be identified because the information is private. Tata Motors plans to use proceeds from the sale on capital expenditures for its domestic automotive business, one of the people said.

Warburg Pincus concurred a year ago to purchase a 43 percent stake in Tata Technologies for about $360 million. It was intending to purchase around 30 percent of the business from Tata Motors, and additionally the whole 13 percent holding claimed by Tata Capital Ltd., as indicated by an announcement at the time. In February, Tata Motors and Warburg Pincus consented to cancel the deal agreement.

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