Hitachi

Japanese multinational engineering and electronics company

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2024 Hitachi Rail and MERMEC signed a put option agreement for selling its main line signalling businesses in France, Germany, and the UK.
July 2024 Hitachi Rail won the contract to supply new M-5 trainsets for SEPTA Metro's Market–Frankford Line in Philadelphia, Pennsylvania, US.
June 2024 Hitachi became the fourth largest company in Japan by market capitalisation, reflecting significant improvement in profitability since 2010.
May 2024 Completed the acquisition of Thales Group's Ground Transportation Systems for €1.66 billion, expanding global presence to 51 countries.
2023 Hitachi Metals was renamed following the complete divestment by Hitachi.
November 1 2023 Hitachi spins off Hitachi Vantara LLC's digital solutions business into a new company called Hitachi Digital Services, with Hitachi Vantara now focusing on storage and hybrid cloud-centric data infrastructure services.
2022 Hitachi Rail won the contract to supply train sets for the Ontario Line in Toronto, Canada.
December 2022 Hitachi completed the acquisition of the remaining 19.9% of ABB's power grid business, fully integrating the power grid operations and becoming a major supplier of high-voltage direct current transmission systems.
August 2022 Hitachi sold half of its shares in Hitachi Construction Machinery to HCIJ Holdings, a joint venture between Itochu and Japan Industrial Partners, reducing its ownership from 51% to 25.4%.
July 1 2022 Completed the transfer of Bombardier Zefiro 300 business from Alstom as part of EU competition law compliance.
2021 Hitachi sold all of its shares in Hitachi Metals, marking the end of its ownership of the subsidiary that supplied materials for aerospace, automotive, and electronics industries.
2021 Hitachi acquires GlobalLogic, a digital services company, for US$9.6 billion to strengthen its software development capabilities and support its Lumada strategy.
December 2021 OPG selected GE-Hitachi to construct two BWRX-300 reactors at the Darlington site in Ontario, Canada, with plans to enter operation in 2028.
October 2021 Hitachi-ABB Power Grids was rebranded as HitachiEnergy.
December 2020 Hitachi sold a 60% stake in its overseas home appliance business to Turkish company Arcelik for US$300 million.
November 2020 Hitachi announced plans to detach Hitachi Metals and Hitachi Construction Machinery from the group as part of a restructuring strategy.
September 2020 Hitachi abandoned plans to create nuclear power plants in Gloucestershire and Wales due to funding issues caused by COVID-19 pandemic impact.
September 2020 Hitachi Capital agreed to be acquired by Mitsubishi UFJ Lease, its second-largest shareholder and former business rival.
July 2020 Hitachi signed an exclusive agreement with Hyperdrive to develop battery-powered trains in the UK.
July 2020 Hitachi acquired 80.1% of ABB's power grid business for 740 billion yen (US$68.5 billion), marking a significant expansion in the green energy and mobility sector.
March 2020 Hitachi introduced an improved version of the L0 Series SCMaglev rolling stock, marking the first magnetically levitated train manufactured by the company.
2019 Hitachi Consulting is integrated with Hitachi Vantara.
2019 Hitachi sold its medical imaging business to Fujifilm for US$1.7 billion.
October 2019 Talks began between Honda and Hitachi to consolidate their automotive parts businesses, resulting in the creation of Hitachi Astemo in January 2021.
2018 Completed a major restructuring, reducing the number of listed group companies in Japan from 22 to 4 and consolidated subsidiaries from around 400 to 202.
December 2018 Hitachi announced it would take over 80% of ABB's power grid division for $6.4 billion, renaming it Hitachi-ABB Power Grids.
March 14 2018 Zoomdata announced a partnership with Hitachi INS Software to develop the big data analytics market in Japan.
September 19 2017 Hitachi Data Systems (HDS) becomes part of the newly formed Hitachi Vantara, which unifies operations of Pentaho, Hitachi Data Systems, and Hitachi Insight Group.
February 2017 Hitachi and Honda announced a partnership to develop, produce, and sell motors for electric vehicles.
October 2015 Hitachi completed a deal with Johnson Controls to form a joint venture for its HVAC business, maintaining a 40% stake in Johnson Controls-Hitachi Air Conditioning.
February 24 2015 Hitachi agreed to purchase the Italian rolling stock manufacturer Ansaldo Breda and acquire Finmeccanica's stake in Ansaldo STS.
November 2012 Hitachi and Mitsubishi Heavy Industries agreed to merge their thermal power generation businesses into a joint venture, Mitsubishi Hitachi Power Systems (MHPS).
October 2012 Hitachi acquired Horizon Nuclear Power from E.ON and RWE for £700 million, with plans to construct up to six nuclear power plants in the UK.
September 2012 Hitachi invented a long-term data solution using quartz glass capable of preserving information for millions of years.
January 2012 Hitachi announced it would stop producing televisions in Japan.
March 2011 Hitachi agreed to sell its hard disk drive subsidiary, HGST, to Western Digital for US$4.3 billion, with the 3.5" HDD division sold to Toshiba due to antitrust concerns.

This contents of the box above is based on material from the Wikipedia articles Hitachi Rail & Hitachi, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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