Tata Consultancy Services (TCS) has acquired ListEngage, a US-based Salesforce Summit partner, in a move to expand its technical depth in Salesforce, and agentic AI for enterprise customers.
The consideration for the deal is up to $72.8m, excluding management incentives and costs.
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ListEngage is focused on Salesforce Marketing Cloud, CRM, Data Cloud, Agentforce, and AI advisory services.
With the deal, TCS integrates more than 100 ListEngage professionals holding more than 400 Salesforce certifications into its enterprise solutions division in the US.
ListEngage CEO Altaf Shaikh said: “This is more than an acquisition – it’s a growth platform. By joining forces with TCS, we’re combining ListEngage’s deep Salesforce expertise and proven client success with TCS’ scale, global reach, and cross-industry depth.
“Together, we will set a new benchmark for how enterprises unlock the full value of Salesforce, powered by data, AI, and cloud innovation.”
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By GlobalDataListEngage, headquartered in Framingham, Massachusetts, serves on Salesforce Partner advisory boards for Agentforce, Marketing Cloud and Data Cloud.
The company was established in 2003 and maintains direct ties to key Salesforce product teams.
TCS stated that the transaction aligns with its strategy to target growth through acquisitions and supports efforts to scale in AI, cloud infrastructure, cybersecurity, digital engineering and enterprise solutions.
TCS enterprise solutions global head Vikram Karakoti said: “ListEngage complements TCS’ existing capabilities in customer experience and digital transformation.
“With this new team, and ListEnage’s strong market coverage, we expect to scale delivery and unlock new efficiencies through our global delivery model.”
In parallel with the acquisition announcement, TCS disclosed its consolidated financial performance for the quarter ended 30 September 2025.
Revenue stood at $7.46bn, a sequential increase of 0.8% in constant currency terms. International revenues climbed 0.6% quarter-over-quarter in constant currency.
TCS reported an operating margin of 25.2%, an increase of 70 basis points from the previous quarter. Net income reached $1.46bn up 3% year-on-year, with a net margin of 19.6%. Cash flow from operations represented 110.1% of net income.
The company’s total contract value for the reported second quarter was $10bn.
In September 2025, TCS introduced its Chiplet-based System Engineering Services to help semiconductor companies design faster, more powerful chips.
By utilising chiplets, which are small integrated circuits that serve as building blocks for larger chips, TCS aims to enhance the development of efficient processors.
