Hitachi, Ltd. (TSE: 6501) acquired Flexware Innovation, Inc., a Fishers and Valparaiso, IN-based manufacturing Systems Integrator (SI) founded in 1996.
The amount of the deal was not disclosed.
This was a strategic acquisition for Hitachi due to its focus on the TOTAL SEAMLESS SOLUTION (a registered trademark of Hitachi, Ltd. in Japan and US) that links “shop floor” and “top floor” with data and digital technology.
With this acquisition, Hitachi will strengthen and enhance its business in the domain of MES (Manufacturing Execution Systems), SCADA (Supervisory Control and Data Acquisition), Software Development, Business Intelligence (BI), and ERP (Enterprise Resource Planning) implementation capabilities in North America, and accelerate the digitalization with JR Automation which engages in the robotic SI & automation. Further, through cooperation with Hitachi Vantara which has expertise in building and deploying Enterprise and Cloud applications, Hitachi will be able to provide TOTAL SEAMLESS SOLUTION from robotic SI & automation, MES, SCADA, BI, and ERP and help manufacturing leaders increase corporate value.
Scott Whitlock, Founder and President & CEO, will remain as President & CEO of Flexware Innovation in partnership with the leaders of Hitachi Industrial Holdings Americas.
FinSMEs
07/09/2022