NXP Semiconductors signs MoU with TCS to create cutting- edge solutions

Aims at identifying unique solutions that will be co-created for the Automotive, Security and IOT industry


New Delhi, May 31, 2018: NXP Semiconductors, a world leader in secure connectivity solutions for embedded applications, recently announced that it has partnered with Tata Consultancy Services and has signed an MoU towards creating leading edge solutions that will help the customers, complementing the technology leadership of both the companies. The MoU will see both NXP and TCS to identify and create unique solutions that will be co-created for the Automotive, Security and IOT industry.

The agreement between NXP, headquartered in Eindhove, Netherlands and TCS, headquartered in Mumbai will see both organizations combine their individual efforts in Security, Internet of Things (IoT) and automotive. To achieve a mindshare between both the companies and to develop a conducive ecosystem for the customers, a series of joint workshop at TCS innovation labs in India (Pune, Bangalore, Delhi) or in NXP Labs, involving the right SMEs and business leaders will be executed.

Speaking of the agreement Mr. Sanjay Gupta, Vice President & India Country Manager, NXP India, said “This MoU is a great opportunity for two giants, NXP Semiconductors and TCS to collaborate and solve complex problems in high-technology areas. It would also enable us to synergize our technical prowess and venture into several new and disruptive business domains that will support our customers more meaningfully.”

Through the collaboration, NXP and TCS are focusing on systemically expanding the technology ecosystem, with the help of both the companies’ expertise in the sector of Security, Internet of Things (IoT) and automotive. The collaboration will also help drive advancement of the key solution areas that will yield results across industry and geographic markets.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 41,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com.

About TCS

TCS is a global IT services, consulting and business solutions provider with deep expertise in the areas of engineering that help its customers transform their business by co creating value through innovation in emerging technologies such as IoT, Cloud, Analytics and Cognitive. TCS helps its customers achieve their business objectives by providing innovative, best-in-class consulting, IT solutions and services and to make it a joy for all stakeholders. TCS operates on a global scale, with diverse talent base of over 394,998 associates representing 131 nationalities, across 46 countries. Find out more at www.tcs.com.