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Japan’s Hitachi acquires GlobalLogic for $9.6 billion

Japan’s Hitachi acquires GlobalLogic for $9.6 billion

Technology
Japanese industrial, electronic and construction conglomerate Hitachi LtdBy YURI KAGEYAMA AP Business WriterMarch 31, 2021, 9:41 AM• 2 min readShare to FacebookShare to TwitterEmail this articleTOKYO -- Hitachi Ltd. is buying U.S. digital engineering services company GlobalLogic Inc. for $ 9.6 billion, the Japanese industrial, electronic and construction conglomerate said Wednesday.Tokyo-based Hitachi said the acquisition of the Silicon Valley company will strengthen Hitachi’s digital operations in a wide range of businesses, including IT, energy, industry and mobility. It will speed up efforts in the “digital transformation” of railways, energy and health care systems that are core Hitachi businesses, it said.GlobalLogic has more than 20,000 professionals in 14 countries, operating design...