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Hitachi Vantara Completes REAN Cloud AcquisitionDeal Strengthens Hitachi Vantara’s Ability To Accelerate Customers’ Digital Transformation Journeys SANTA CLARA, Calif., Oct. 23, 2018 (GLOBE NEWSWIRE) -- Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the completion of its acquisition of REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) spaces. Through this acquisition, Hitachi Vantara gains critical capabilities and industry-leading expertise in cloud migration and modernization, instantly elevating its cloud offering portfolio and managed services capabilities. Directly complementing the strength of its Hitachi Enterprise Cloud (HEC) and on-premises deployments, Hitachi Vantara’s solutions offer unified cloud management for workloads across public, private and hybrid cloud environments. By combining REAN Cloud’s expertise in public cloud and intelligent data governance with its robust global delivery ecosystem, Hitachi Vantara will now be better positioned to meet the growing infrastructure and analytics-based needs of its customers. According to Gartner Inc.: “Most Gartner clients are facing the challenge of adopting public cloud services while maintaining existing IT responsibilities for on-premises infrastructure and private clouds. To meet this challenge, the IT department must evolve into a broker of IT-based services by blending traditional services with both public and private cloud services. Gartner calls this evolution ‘hybrid IT.’” 1 “In the last year, we have expanded our investment in agile and flexible infrastructure as an engine for driving our customers’ digital transformations,” said Brian Householder, chief executive officer of Hitachi Vantara. “This acquisition underscores our commitment to meeting the ever-changing needs of the digital enterprise, as well as pioneering offerings that set he standard for excellence within intelligent analytics.” “We are thrilled to welcome REAN Cloud into our Global Services organization,” said Bobby Soni, chief solutions and services officer at Hitachi Vantara. “Adding REAN Cloud to our portfolio strengthens the value we bring to transformation projects through advanced multicloud and analytics capabilities, and also extends our fully managed offerings targeting deep domain use cases.” About REAN Cloud About Hitachi Vantara About Hitachi, Ltd. HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners. Media Contacts Nick Fuentes Ashley Paula 1 Gartner, Utilizing Hybrid Architectures for Cloud Computing, Alan D. Waite, November 10, 2017
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