Recently, Japan's Hitachi said that it has completed the acquisition of US-headquartered digital engineering services company GlobalLogic for $9.6 billion. The procuring will help the firm to expand digital operations in a number of businesses, including IT, energy, industry, and mobility.
Hitachi Global Digital Holdings, a US subsidiary of Hitachi, has acquired 100 percent of the outstanding shares of GlobalLogic Worldwide Holdings, the parent company of GlobalLogic.
Toshiaki Higashihara, Executive Chairman & CEO, Hitachi, states, "Hitachi aims to become a global leader in the social innovation business by accelerating digital transformation of social infrastructure by combining the innovativeness of GlobalLogic's advanced digital product engineering and experience design capabilities with the reliability that Hitachi has established in mission-critical fields.”
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.
Shashank Samant, President and CEO of GlobalLogic, states, "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.”
In addition, Hitachi Group said it would be able to further accelerate the digital transformation of social infrastructure on a global scale by expanding its core ‘Lumada' digital solutions business globally.