Info Image

Hitachi Vantara Completes $9.6 billion Acquisition of GlobalLogic

Hitachi Vantara Completes $9.6 billion Acquisition of GlobalLogic Image Credit: Hitachi

Hitachi on Tuesday announced that it has completed the acquisition of GlobalLogic pursuant to the terms of agreement signed on March 31, 2021

With more than 21,000 professionals working in engineering centers, and design studios around the globe, GlobalLogic specializes in advanced digital engineering, experience design, and data services to help clients accelerate innovation and the development of new digital products and experiences, through collaborative creation on a global scale. 

 

The acquisition of GlobalLogic will enhance Hitachi Group’s ability to deliver on its strategy to promote Social Innovation Business through digital technology to solve the issues faced by customers and society. In addition, Hitachi Group will be able to further accelerate the digital transformation of social infrastructure on a global scale by expanding its core Lumada digital solutions business globally.

GlobalLogic’s capabilities combined with Hitachi’s Lumada will enable GlobalLogic to deploy Hitachi’s extensive library of digital solutions to the global market and help customers and societies solve their issues through agile application development in the cloud. Furthermore, Hitachi expects collaboration between GlobalLogic and Hitachi’s five sectors—IT, Energy, Industry, Mobility, Smart Life, and its automotive systems business (Hitachi Astemo) will add tremendous value to its wide range of products, adding advanced digital technologies, and creating new Lumada solutions. 

Toshiaki Higashihara, Executive Chairman & CEO, Hitachi
Through collaborative creation with customers around the world, Hitachi and GlobalLogic will work together to resolve issues faced by society and customers leveraging Lumada and contribute to improve people's quality of life by focusing on three key areas of Environment, Resilience, and Security & Safety.

Shashank Samant, President and CEO of GlobalLogic
Joining the Hitachi Group creates a unique opportunity to bring together the power of Operating Technology (OT), Information Technology (IT) and IoT/Digital Engineering under one umbrella.

NEW REPORT:
Next-Gen DPI for ZTNA: Advanced Traffic Detection for Real-Time Identity and Context Awareness
Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Red Hat Boosts Hybrid Cloud Automation with Kubernetes Management Update

NEXT POST

SES-led Consortium to Define Quantum Encryption for Luxembourg