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The Silicon Review Asia

Hitachi Vantara Announces the Acquisition of Rean Cloud

Hitachi Vantara Announces the Acquisition of Rean Cloud

Hitachi Vantara, a part of the Japan-based company Hitachi will buy Rean Cloud LLC, an IT service management based company. The announcement was made public on Friday and the financial terms of the deal were not revealed.

“Our global customers across the Hitachi, Ltd., ecosystem are driving their own digital transformations to create competitive advantages in the marketplace,” said Brian Householder, chief executive officer, Hitachi Vantara.

The acquisition aims to strengthen Hitachi Vantara’s capacity in speeding up protected enterprise cloud adoption around different hybrid cloud platforms; bolstering the capacity to handle and run conventional applications as well as critical applications in AI and machine learning.

According to Hitachi, the acquisition will extend their combined cloud offerings to the public and hybrid cloud platforms, and the company will assist customers to accelerate their digital transformations by implementing analytics-based solutions to steer business.

The transaction of the deal will end later this year. According to a report, the owner of the clouding company will continue to support Hitachi’s solutions and services after the acquisition ends.

“Modernized infrastructure running both on and off premises and intelligent data governance and analytics are the foundational pillars of digital transformations. REAN Cloud powerfully extends Hitachi Ltd.’s existing portfolio for customers and partners in these areas,” added Householder.

 

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