August 27, 2014 11:26 AM ET

IT Services

Company Overview of Tata Technologies Limited

Company Overview

Tata Technologies Limited provides engineering services outsourcing and product development IT services primarily to manufacturers and their suppliers in the automotive, aerospace, and engineering markets. The company offers its services in four groups, including Vehicle Programs & Development (VPD), Outsourced Engineering & Design (E&D), Product Lifecycle Management (PLM) Solutions, and Enterprise Solutions Group (ESG). It provides IT consultancy, SAP implementation and maintenance, networking solutions, and CAD/CAM engineering and design consultancy services. The VPD group provides outsourced program management, including concept development, engineering detail and design, validation, and ...

Plot No. 25

Rajiv Gandhi Infotech Park

Hinjawadi

Pune,  411057

India

Founded in 1981

7,020 Employees

Phone:

91 20 6652 9090

Fax:

91 20 6652 9035

Key Executives for Tata Technologies Limited

Managing Director
Age: 65
President
Age: 50
Chief Financial Officer and Chief People Officer
Age: 41
Chairman
Age: 70
Chief Executive Officer of Tata Hal Technologies
Compensation as of Fiscal Year 2014.

Tata Technologies Limited Key Developments

Tata Technologies Enters into Strategic Partnership with Violin Memory

Violin Memory(R), Inc. announced that it has entered into a strategic reseller partnership with Tata Technologies. Tata Technologies will integrate and configure high-speed flash array solutions into their global product lifecycle management (PLM) customer base looking to enhance the performance of their business critical applications.

Tata Technologies Mulls Acquisitions

Tata Technologies Limited is seeking mergers and acquisitions ranging between $30 million and $50 million globally, including in India. "We will continue to look for technology, domain or customers that we don't have. For example, we took over a company that was bigger than us before ($90 million). We have got over $100 million of cash, so there is no limitation for us. But, $30 million to $50 million range is a good target," Patrick McGoldrick, Managing Director and Chief Executive Officer, Tata Technologies, told Business Line. He said the company is also open to acquire global original equipment manufacturers (OEMs) in automotive engineering domain, which have presence in India, but are unhappy or could not manage. "Those kinds of captives are also attractive for us for acquisition," he said, adding that as of now the company is 'fishing and searching' for such acquisitions.

Tata Technologies Mulls Acquisitions

Tata Technologies Limited mulls acquisitions. Tata Technologies plans to make an acquisition in the Construction and Heavy Engineering segment in a bid to grow its revenues. Tata Technologies which has set a target to reach $1 billion mark by 2017 is eyeing a buy in one of the developed markets by the end of 2013. “We see CH&E is a growth area and our recent acquisition of US-based Cambric Corporation is a proof of that,” said Samir Yajnik, President – Sales & Chief Operating Officer Asia Pacific at Tata Technologies.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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