TCS to acquire US AI firm Coastal Cloud for $700M, boosting Salesforce capabilities

• TCS will acquire US-based AI services and advisory firm Coastal Cloud for $700 million (approx ₹6,292 crore).
• The all-cash deal is expected to be completed by January 31, 2026.
• Coastal Cloud specializes in Salesforce ecosystem consulting, implementation, and managed services, with strong data and AI capabilities.
• The acquisition aims to strengthen TCS's global Salesforce capabilities, accelerate AI-driven transformation, and expand its mid-market presence.
• This is TCS's second acquisition in under three months, positioning it to become a top 5 Salesforce advisory and consulting company globally.

Why It Matters: TCS's acquisition of Coastal Cloud boosts its AI and Salesforce market leadership.