M&A Deal Summary

Hitachi Acquires GlobalLogic

On March 31, 2021, Hitachi, Ltd. acquired information technology company GlobalLogic

Acquisition Highlights
  • This is Hitachi’s 6th transaction in the Information Technology sector.
  • This is Hitachi’s 4th transaction in the United States.
  • This is Hitachi’s 1st transaction in Virginia.

M&A Deal Summary

Date 2021-03-31
Target GlobalLogic
Sector Information Technology
Buyer(s) Hitachi, Ltd.
Deal Type Add-on Acquisition

Target

GlobalLogic

McLean, Virginia, United States
website
GlobalLogic is a full-lifecycle product development services leader that combines chip-to-cloud software engineering expertise and vertical industry experience to help our customers design, build, and deliver their next generation products and digital experiences. We expertly integrate design, complex engineering, and agile delivery capabilities to deliver superior business outcomes for global brands. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending the benefits of our true global presence to customers in telecom, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries. GlobalLogic was founded in 2000 and is based in McLean, Virginia.

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Buyer(S) 1

Buyer

Hitachi, Ltd.

Tokyo, Japan

website


Category Company
Founded 1910
SectorDiversified
Employees301,056
Revenue 8,767.3B JPY (2020)
DESCRIPTION
Hitachi power tools on display at an Acme Tools store.
Hitachi power tools on display at an Acme Tools store.

Hitachi, Ltd. provides various systems, products, and services for information systems, electronic devices, power and industrial systems, consumer products, materials, and financial services sectors worldwide. Hitachi was founded in 1910 and is based in Tokyo, Japan.


DEAL STATS #
Overall 15 of 16
Sector (Information Technology) 6 of 6
Type (Add-on Acquisition) 12 of 12
State (Virginia) 1 of 1
Country (United States) 4 of 4
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-24 JR Automation Technologies LLC

Holland, Michigan, United States

JR Automation Technologies LLC is a provider of intelligent automated manufacturing and technology solutions that solve customers' key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more. JR Automation employs over 2,000 people at 23 manufacturing facilities in North America, Europe, and Asia. Through thoughtful and dynamic collaboration, JR Automation creates innovative solutions for companies across the globe; helping them think, solve, and create.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Thales’s Ground Transportation Systems

Courbevoie, France

Ground Transportation Systems is a global leader in Rail Signaling and Train Control Systems, Telecommunications and Supervision systems, and fare collection solutions, key technologies for more sustainable mobility. Around 8 billion passengers benefit from GTS’s rail technologies every year.

Buy €1.7B