[Global Expansion of Lumada]
Hitachi to Acquire U.S. IT Company GlobalLogic:
Evolving Lumada Business and Accelerating Global Expansion
On March 31, 2021, Hitachi, Ltd. announced that it would acquire GlobalLogic Inc., a leading digital engineering services company based in the U.S. The total acquisition cost, including the repayment of GlobalLogic's interest-bearing debt, is estimated to be 9.6 billion U.S. dollars (approx. 1 tr...