9 Acquisitions By Which Ratan Tata Took His Clan Global



4. Company: Tyco Global Network
Country: U.S.
Year: 2005
Worth: $130 Million

Tata Motors acquisition of the U.S. based Tyco Global Network. In 2005 made it the one of the world’s largest providers of submarine cable bandwidth. N Srinath, head of operations of VSNL said, "This acquisition is another positive step in our ongoing drive to offer global connectivity and efficient communications solutions for our customers." He further added that the acquisition confirms Tata’s position as a leading global service provider.

 5. Company: Ritz-Carlton Hotel
Country: Boston
Year: 2006
Worth: $170 Million

The Indian Hotels Company Limited (IHCL), branded as Taj Hotels Resorts and Palaces. The hotel giant is headquartered in the Oxford House in Mumbai. It is apart of Tata Group and is considered one of the posh hotels in the country.

The Boston based Ritz-Carlton Hotel was acquired by Taj in 2006 for $170 million from it’s the then owners, Millennium Partners. After the acquisition the hotel was renamed as Taj Boston.

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