Japan's Hitachi completes acquisition of GlobalLogic

Hitachi, Ltd. today announced that it has completed the acquisition of GlobalLogic Inc. pursuant to the terms of the definitive agreement signed on March 31, 2021, Report informs, citing the Japanese company.

Hitachi Global Digital Holdings LLC, a US subsidiary of Hitachi, has acquired 100% of the outstanding shares of GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic.

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.

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.

“We are very pleased to welcome GlobalLogic to the Hitachi Group,” said Toshiaki Higashihara, Executive Chairman & CEO, Hitachi Ltd. 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. 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.”