MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

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.

 

YOU MAY ALSO LIKE

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

RECOMMENDED