NXP Semiconductors inks pact with TCS

NXP Semiconductors today said it has signed an agreement with India's largest software services firm Tata Consultancy Services (TCS) to work on co-creating solutions for automotive, security and IoT industries.

"NXP has partnered with TCS and has signed an MoU ...The MoU will see both NXP and TCS to identify and create unique solutions that will be co-created for the automotive, security and Internet of Things (IoT) industry," NXP said in a statement.

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, it added.

This pact is a great opportunity for two giants, NXP Semiconductors and TCS to collaborate and solve complex problems in high-technology areas, NXP India Country Manager Sanjay Gupta said.

"It would also enable us to synergise our technical prowess and venture into several new and disruptive business domains that will support our customers more meaningfully," he added.

Through the pact, NXP and TCS are focusing on systemically expanding the technology ecosystem, the statement said. The collaboration will also help drive advancement of the key solution areas that will yield results across industries and geographic markets, it added.