Rationale of the Deal

RATIONALE behind the cumulation. The CGSL-TCS deal is a private deal and so the benefits accrued by the TCS is more impacting since it is a listed entity. Generally, in that respect be many reasons why a caller hopes to fix other company, some(prenominal) financial and nonfinancial. Some times the nonfinancial factors jab the companies to illogical and irrational deals. This deal too had its share of both financial and nonfinancial aspects and the financial factors,due to its availability will be dealt with. Some of the non financial factors could be covered those mainly are based on our opinions or experts statements to the highest degree the deal. S. Ramadorai, CEO and MD, TCS said: This is a landmark science for TCS, help us not only acquire new capabilities in the banking domain but also underscoring the importance of our long-term, sustainable relationships with our volumed customers, including Citi. He added: This transaction will complement our domain expertise and bring new capabilities to TCS that will help drive ontogenesis going forward. N. Chandrasekaran, COO and Executive Director, TCS added: The acquisition of CGSL has two present(prenominal) strategic benefits for TCS. It gives us the ability to offer a broad end-to-end, domain-led solution for business operations of large financial go institutions.

It also positions us well to create banking processing platforms by integrating our products and process capabilities. From our analysis , Strategic vendor TCS management indicates that the acquisition of Citigroup Financial function adds end to end processing capabilities to TCS BPO on with adding stickier revenues (BPO business tends to be stickier than IT services as such) with assurity backed in the form of a US$ 2.5 bn assured revenues from Citi over 9.5 yrs. The company intends to use the acquired capabilities to cross sell to other financial services clients. Further thisdeal/move also increases scope of business with Citi (post this transaction, Citi... If you want to get a full essay, order it on our website: Orderessay

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