TCS Share Price in Focus; Approves Acquisition of Coastal Cloud to Expand Its Salesforce and AI Service Capabilities

Tata Consultancy Services has announced that its Board of Directors has approved an agreement to acquire Coastal Cloud Holdings, LLC and its subsidiaries. 

The decision reflects TCS’s strategy to broaden its Salesforce, data, and AI-led services in the United States. 

The transaction will be executed through its subsidiary ListEngage and remains subject to regulatory clearances, including HSR approval.

TCS Signs Agreement to Acquire Coastal Cloud

TCS confirmed that it has finalised a Securities Purchase Agreement and Plan of Merger for the acquisition of Coastal Cloud, a US-based Salesforce summit partner with strong advisory and multi-cloud delivery capabilities. The execution of the agreement followed Board approval at a meeting held on 11 December.

The company noted that the transaction aligns with its intention to scale its advisory and implementation expertise across the Salesforce ecosystem, including AI and Agentforce solutions.

Overview of the Target Company

Coastal Cloud operates across multiple Salesforce clouds such as Service, Sales, Marketing, Revenue & CPQ, and Commerce. It also provides services in data and AI, integrating platforms such as Salesforce Data Cloud, Snowflake, Mulesoft, and Tableau.

The company recorded consolidated revenue of USD 132 million in FY24 and USD 141 million for the twelve months ending September 2025, supported by a workforce of nearly 400 Salesforce-skilled professionals.

ListEngage MidCo, LLC, a wholly owned subsidiary of TCS in the United States, will undertake the acquisition and will incorporate two additional subsidiaries to complete the transaction.

TCS Share Price Performance

Tata Consultancy Services Limited traded at ₹3,192.80 as of 11 December 2025 at 15:06:13 IST, reflecting an increase of ₹3.60 or 0.11%.

During the session, the share opened at ₹3,205.00, reached a high of ₹3,208.40, and touched a low of ₹3,153.10.

Read More: Indian IT Sector Eyes 400 Billion Mark by 2030 Driven by AI Innovation.

Conclusion

TCS’s planned acquisition of Coastal Cloud marks a structured step towards enhancing its Salesforce, AI, and advisory service portfolio in the US market.

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