India's leading IT firm Tata Consultancy Services (TCS) has signed a five-year contract worth $100 million with Dutch chip maker NXP Semiconductors B.V., founded by Philips.
TCS will provide consultancy services as well as application management, development and support services across NXP's supply chain operations.
TCS chief operating officer and executive director N. Chandrasekaran said, "The engagement with NXP is a perfect demonstration of our business credentials in a specialist sector and enables TCS to develop a deep relationship with NXP."
The company said in a release Monday that it will also work with NXP at a strategic level to optimize their operations and remain a step ahead of the competition.
TCS Bags $100 Million Deal With NXP 
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