Hitachi, Ltd. announced that it has completed the acquisition of GlobalLogic Inc. pursuant to the terms of the definitive agreement signed on March 31, 2021. As announced in the press release dated March 31, Hitachi Global Digital Holdings LLC, a U.S. subsidiary of Hitachi, has acquired 100% of the outstanding shares of GlobalLogic Worldwide Holdings, Inc., the…
Hitachi announced that it will acquire GlobalLogic, a leading US-based digital engineering services company. The acquisition is based on the definitive agreement between Hitachi Global Digital Holdings Corporation (HGDH), a North American subsidiary, an SPC established by HGDH for the acquisition and GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic. The transaction is subject…
Hitachi, Ltd. the Japanese multinational conglomerate company headquartered in Tokyo, today announced that it has decided to acquire the world-leading power grids business from Switzerland based ABB Ltd and has signed an agreement with ABB. The firm plans to initially acquire an 80.1% stake in the Power Grids business and expects to close the acquisition…