TCS Acquires Coastal Cloud for $700M, Boosting Salesforce, AI Capabilities

Tata Consultancy Services (TCS) will acquire Coastal Cloud, a US-based Salesforce consulting firm, for $700 million. This acquisition, TCS’s largest since 2008, grants 100% ownership of the Salesforce Summit partner, known for enterprise-scale, multi-cloud transformations. Coastal Cloud, with $132 million in revenue for FY24, expands TCS’s Salesforce ecosystem presence and AI-first capabilities by adding over 400 multi-cloud professionals. The deal awaits regulatory approvals.