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TCS completes acquisition of Postbank Systems from Deutsche Bank AG ANI | Updated: Jan 01, 2021 17:21 IST PBS is an IT service company that provides project management, application management and infrastructure support services to Postbank and other subsidiaries of Deutsche Bank. PBS has 1,500 employees across nine locations in Germany. TCS had announced to acquire Postbank Systems in November through its subsidiary Tata Consultancy Services Netherlands BV. The acquisition was to be completed by year-end 2020 subject to customary regulatory and governmental approvals. This is to inform you that the aforesaid acquisition of Postbank Systems AG has been completed today, TCS said in regulatory filings at stock exchanges.

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