Japan’s Hitachi acquires GlobalLogic for $9.6 billion

The acquisition of GlobalLogic will strengthen Hitachi’s digital operations in a wide range of businesses, including IT, energy, industry and mobility. In addition, it will speed up efforts in the digital transformation of railways, energy and health care systems that are core Hitachi businesses.

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TOKYO (AP) — 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.

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