April 01 - 10:04
16D
Hitachi buys GlobalLogic for $9.5bn
Hitachi is to pay $9.5bn for GlobalLogic. The move is seen as Hitachi positioning itself for a future based around software and services provision, rather than electronics. Silicon Valley-headquartered GlobalLogic has over 20,000 professionals in 14 countries. Hitachi says the deal will help it create "synergies" across its five markets of IT, energy, industry, mobility and smart life.
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