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FOR IMMEDIATE RELEASE Hitachi to Acquire GlobalLogic , a Leading U.S. - based Digital Engineering Services Company Acquisition will Accelerate the Digital Transformation of Social Infrastructure on a Global Scale by Aligning GlobalLogic's Advanced Digital Engineering Services with Hitachi's Lumada Portfolio Tokyo , Japan , March 31 , 2021 Hitachi , Ltd. ( TSE : 6501 , " Hitachi " ) today announced that it will acquire GlobalLogic Inc. ( President and CEO : Shashank Samant , " GlobalLogic " ) , a leading U.S. - headquartered digital engineering services company . The acquisition is based on the definitive agreement among Hitachi Global Digital Holdings Corporation ( " HGDH ” ) , a U.S. subsidiary , an SPC established by HGDH for the acquisition 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 , to strengthen the digital portfolio of “ Lumada . ” * 1 Hitachi Vantara LLC , a U.S. - based subsidiary of Hitachi and it's 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 ( Hitachi Astemo ) 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 . * 1 Lumada is the name of Hitachi's advanced digital solutions and services for turning data into insights that drive digital transformation of social infrastructure . Headquartered in Silicon Valley , GlobalLogic is a leading company in the fast - growing digital engineering services market . With over 20,000 professionals in 14 countries , GlobalLogic operates design studios and software product engineering centers around the world . GlobalLogic has deep " chip - to - cloud " advanced software product engineering technology as well as experience design skills and vertical industry expertise . By combining these capabilities , GlobalLogic helps clients drive new revenue streams and - more -