India Dealbook: TCS, Viithiisys Tech in M&A; Truebil, GO DESi raise funds

Photo: Reuters

Tata Consultancy Services (TCS) on Thursday announced that it has acquired London-based W12 Studios while Viithiisys Technologies has bought on-demand application development startup Actiwate. Meanwhile, Truebil and GO DESi are among the latest startups to raise funds.

TCS acquires London’s W12 Studios

Tata Consultancy Services (TCS) on Thursday announced that it has acquired W12 Studios, a digital design studio based in London. W12 Studios will be a part of TCS Interactive, which is the digital design division within TCS’ Business & Technology Services. Started in 2012 by Fabian Birgfeld, Chief Executive Officer, and Michael Albers, Chief Creative Officer, W12 Studios will retain its current name, branding and location in London’s historic Metropolitan Wharf in Wapping. The two co-founders will continue to lead W12 Studios and maintain their current roles, TCS said in a statement.

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