Hitachi announced its acquiring of GlobalLogic Inc., a U.S. based digital engineering services company. The acquisition is based on the definitive agreement among Hitachi Global Digital Holdings Corporation and GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic. The transaction is subject to customary conditions and regulatory approvals and expected to be completed by the end of July 2021.

Through the acquisition, Hitachi expects the addition of GlobalLogic's advanced digital engineering capabilities, and its solid client base including major technology companies. Hitachi also hopes this will strengthen the digital portfolio of "Lumada", Hitachi's advanced digital solutions and services for turning data into insights that drive digital transformation of social infrastructure. Hitachi Vantara LLC, a U.S.-based subsidiary of Hitachi and its digital infrastructure, data management, and digital solutions business, plays a key role in driving Lumada business growth in the global market.

The acquisition will create synergies across Hitachi's five sectors - IT, Energy, Industry, Mobility and Smart Life - and automotive systems business by accelerating the advanced digital transformation of social infrastructure such as rail, energy, and healthcare at a global scale. Through its Social Innovation Business delivered by collaborative creation with customers, Hitachi aims to increase social, environmental, and economic value for its customers and realize a sustainable society.