Tata Consultancy Services (BOM:532540, NSE:TCS) agreed to take over Best Buy's technology center in India under a multi-year agreement, according to a Thursday exchange filing.
The deal will bring the center's employees and operations into TCS, combining their knowledge of Best Buy's business with TCS' technology and AI capabilities.
Best Buy's India operations will continue to support the retailer, while TCS plans to expand the center's use of AI to develop new technology and improve existing processes.
As part of the transition, the transferring employees will gain access to TCS's training programs, technology resources, and job opportunities across its global operations.
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