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. |
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