Hitachi, Ltd.
GlobalLogic Signs Agreement to Acquire Hexacta, Innovative Latin American Digital Engineering Company
Expand nearshore footprint by continuing strategic expansion and expanding new service capabilities and human resources
The announcement was made on the West Coast of the United States at 6:00 am on Thursday, January 5 (11:00 pm on January 5, Japan time). GlobalLogic Inc. (hereafter, GlobalLogic), a U.S. subsidiary of Hitachi, Ltd. (hereafter, Hitachi), has entered into an agreement to acquire (hereafter, this acquisition) Hexacta, a digital data engineering company that covers all of Latin America. has been concluded. The acquisition is part of GlobalLogic’s ongoing strategy to expand its offerings and engineering talent to meet the growing global demand for digital engineering services. For over 20 years, Hexacta has provided quality software development, IT consulting, UI/UX design, data engineering and analytics services. Hexacta’s customer-centric mindset and expertise for the entire software development lifecycle has earned high satisfaction from customers of world-renowned brands.
Companies around the world are investing in building new digital products, platforms and experiences to increase customer engagement, generate new revenue streams and improve sustainability. increase. This ongoing transformation drive will create further demand for digital engineering offered by GlobalLogic and Hexacta. With the acquisition of Hexacta, which has a reputation for skilled team members, GlobalLogic will continue to meet strong market demand and serve its growing community of customers around the world.
With the acquisition of Hexacta, which has offices in five countries around the world, GlobalLogic will further strengthen its presence in Latin America, where it has already achieved results. Hexacta’s team of seasoned consultants has deep expertise in all areas required to build cutting-edge digital products and platforms, including big data and analytics, cloud services, full-stack development and testing. Hexacta’s strategic nearshore locations are ideal for North and South American customers due to their geographical proximity and short time zones. With more than 800 employees in 10 locations in Argentina, Colombia, Peru, the United States and Uruguay, Hexacta joins GlobalLogic, expanding GlobalLogic’s capabilities and talent base while expanding Latin American excellence. Gain access to competitive engineering talent.
“Working at the intersection of design, engineering and data, GlobalLogic is the partner of choice for helping our customers transform and innovate their products and services,” said Nitesh Banga, President and CEO of GlobalLogic. “The addition of Hexacta strengthens our service portfolio and nearshore delivery capabilities, and adds significant technical expertise and unique industry know-how. We welcome them to our team and look forward to working together in the future.” We are looking forward to the success of the future.” Juan Navarro, Founder and Managing Partner of Hexacta, added: “Over the past 20 years, we have been committed to developing our people and capabilities to deliver breakthrough services to our customers. By joining the broad ecosystem of GlobalLogic and the Hitachi Group, we are able to bring these capabilities to a much larger market and acquire a broader and larger operating base at once. We look forward to being part of this exciting journey as part of the GlobalLogic family.”
Through this acquisition, GlobalLogic will strengthen its business by leveraging Hitachi’s strengths of IT, OT, and products, and accelerate the growth of the Lumada business to make a leap forward.
“The terms of the transaction have not been disclosed.” Under this agreement, Hexacta will continue to operate as a wholly-owned subsidiary of GlobalLogic with its existing management and staff. The transaction is expected to close by March 2023, subject to regulatory approvals.
■ About Hexacta
Hexacta ( http://www.hexacta.com/ ) is a Latin American company providing end-to-end digital data engineering services, providing nearshore and offshore custom software development services, testing and user interface design. I’m here. Headquartered in Uruguay, Hexacta has innovation hubs in Argentina, Colombia, Peru and the United States. Enterprise companies in a wide range of industries, including EdTech (Education and Technology), FinTech, Healthcare, Media & Gaming, and Technology, are benefiting from Hexacta’s agile
methodology for reliable program execution. Over 20 years of program delivery success have established us as one of the leading digital engineering companies in Latin America.
■ About GlobalLogic
GlobalLogic is a leading company in the digital engineering industry. With a global customer base, we design and build innovative products and platforms, as well as digital experience value, together with our customers. By combining GlobalLogic’s strengths in experience design, advanced engineering, and data expertise, we support our customers’ digital transformation.
GlobalLogic is headquartered in Silicon Valley and has design studios and engineering centers around the world. We bring GlobalLogic’s deep expertise to customers in a wide variety of industries, including telecommunications, financial services, automotive, healthcare, life sciences, technology, media and entertainment, manufacturing and semiconductors.
As a group company of Hitachi, Ltd., GlobalLogic contributes to the realization of a sustainable society where people can live happy and prosperous lives through social innovation business that innovates social infrastructure with data and technology.
For details, please see the website (http://www.globallogic.co.jp/). ■ About Hitachi, Ltd.
Hitachi is promoting a social innovation business that uses data and technology to realize a sustainable society. IT services for finance, government agencies, local governments, and telecommunications, and “digital systems and services” that support customers’ DX; A business structure consisting of “Connective Industries,” which digitally connects products in a wide range of fields such as healthcare, home appliances and air conditioning systems, measurement and analysis systems, and building systems, and “Automotive Systems,” which provides advanced technologies in the fields of automobiles and motorcycles. Originally, we solve the problems of customers and society through Lumada solutions that utilize IT, OT (control and operation technology), and products. Driven by green, digital, and innovation, we aim to grow through collaborative creation with our customers. Consolidated revenue for fiscal 2021 (ending March 2022) is 10,264.6 billion yen, and as of the end of March 2022, we have 853 consolidated subsidiaries and approximately 370,000 employees worldwide.
For more information, please visit Hitachi’s website
(https://www.hitachi.co.jp/).
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