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Hitachi, Ltd. (HTHIY)

176.57

+4.42

(+2.57%)

At close: April 24 at 3:58 PM EDT

Hitachi Energy to invest additional $1.5 billion to ramp up global transformer production by 2027

Capacity expansion will increase speed to market to meet accelerating global demand, address long-term customer investments and create over 4,000 jobs -- Investments span across Europe, the Americas, and Asia leveraging existing global footprint -- Around $180 million in a new state-of-the-art transformer factory in Finland, a key location for clean technology development for renewables and industrial electrification Ludvika_hvdc_power_transformers_factory_Hitachi_Energy High-Voltage Direct Curr

GlobeNewswire 2 days ago
Hitachi Vantara Unveils Inaugural Sustainability Report, Reinforcing Key Sustainability Credentials and Commitments

Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced its inaugural Sustainability Report, showcasing the company's commitment to making sustainability a key foundation of its market-leading data infrastructure portfolio and demonstrating its ongoing dedication to environmental, social, and governance (ESG) principles. The report outlines the company's past and present initiatives, as well as the steps it is taking

PR Newswire 2 days ago
JR AUTOMATION ANNOUNCES NEW ADDITIONS TO THE LEADERSHIP TEAM

JR Automation, a wholly-owned subsidiary of Hitachi, Ltd. (TSE: 6501), announces new additions to their leadership team with the appointment of Swapna Soman as Global Chief Human Resources Officer (CHRO) and Doug LaCroix as Vice President, Strategic Initiatives.

PR Newswire 2 days ago
Hitachi Vantara Announces Availability of Virtual Storage Platform One, Providing the Data Foundation for Unified Hybrid Cloud Storage

As businesses face unprecedented challenges managing data among the proliferation of generative AI, cloud technologies, and exponential data growth, Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the availability of Hitachi Virtual Storage Platform One. The hybrid cloud platform is poised to transform how organizations manage and leverage their data in today's rapidly evolving technological landscape.

PR Newswire 8 days ago
GlobalLogic Announces ‘Platform of Platforms’ for Enabling Enterprise-Grade AI

SANTA CLARA, Calif., April 08, 2024--GlobalLogic, a Hitachi group company, today announced a first-of-its-kind Platform-of-Platforms architecture designed to support deployment of enterprise-grade artificial intelligence (AI). GlobalLogic has designed the architecture to address the critical challenges every enterprise must overcome when operationalizing AI and generative AI (GenAI) at scale.

Business Wire 16 days ago
Hitachi Vantara Doubles Down on its Enterprise Storage, AI, and Hybrid Cloud Business Through Strategic Realignment

Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), announced the completion of a strategic realignment designed to accelerate the company's growth plan, including its ability to respond to market opportunities with a focus on hybrid cloud and generative AI. The new structure includes the integration of Hitachi Vantara and Hitachi's IT Platform Products Management Division, which has been responsible for Hitachi's business devel

PR Newswire 22 days ago
Hitachi Digital Services Powers a New Era of Transformation, Bridging the Physical and Digital Worlds at Inaugural Event

Hitachi Digital Services, the digital consultancy and technology services subsidiary of Hitachi, Ltd. (TSE: 6501), today will celebrate the company's inaugural launch event to meet rising global demand for enterprise transformation. In recognition of the milestone, the company will gather key figures across science, technology and business at an event in Dallas today to discuss leveraging technology and creating impact at scale.

PR Newswire 22 days ago
Hitachi Energy to accelerate introduction of HVDC technology with Grid United for transmission projects to strengthen US power grid

Large HVDC systems will interconnect eastern and western regional power grids, dramatically boosting nationwide transmission capacity -- Innovative collaboration announced at CERAWeek will secure supply chain to accelerate the energy transition HVDC Light Valve Hall Representative image of a HVDC Light Valve Hall Houston, Zurich, March 20, 2024 (GLOBE NEWSWIRE) -- Today at CERAWeek, Hitachi Energy and Grid United, an independent electrical transmission company, announced a collaboration to deliv

GlobeNewswire last month
Hitachi and Penske launch large-scale electric truck charging pilot

Hitachi Energy’s Grid-eMotion® Fleet solution supports high-capacity charging for electric vehicles at major commercial truck depot in Stockton, California and paves way for sustainable transportation Hitachi and Penske launch large-scale electric truck charging pilot Grid-eMotion® Fleet solution charging electric trucks at Penske truck depot California, March 19, 2024 (GLOBE NEWSWIRE) -- Hitachi America, Ltd. (Hitachi), Hitachi Energy, and Penske Truck Leasing today announced the launch of a la

GlobeNewswire last month
Hitachi Vantara Announces Collaboration with NVIDIA to Create New Portfolio of Industrial AI Solutions

Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced a collaboration with NVIDIA to create a new generation of transformational artificial intelligence (AI) solutions. Hitachi Vantara will develop a portfolio of solutions, Hitachi iQ, to drive targeted AI outcomes by layering industry-specific capabilities on top of its AI solution stack, so outcomes can be more specific and relevant to an organization's business.

PR Newswire last month
Hitachi Collaborates with NVIDIA to Accelerate Digital Transformation with Generative AI

Hitachi, Ltd. (TSE:6501) today announced it is collaborating with NVIDIA to accelerate social innovation and digital transformation by combining Hitachi's domain solutions in operational technology (OT) and leadership in key industries including energy, mobility, and connected systems with NVIDIA's expertise in generative AI.

PR Newswire last month
Hitachi Energy to appoint Andreas Schierenbeck as new Chief Executive Officer, Claudio Facchin to step down on June 30, 2024

Andreas Schierenbeck Hitachi Energy to appoint Andreas Schierenbeck as new CEO Zurich, March 07, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy today announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer, effective July 1, 2024. Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024. Andreas will engage with the Hitachi Energy Board, Executive Team and Claudio to ensure a smooth transition prior to the handover on July 1, 2024. Andreas joins Hitac

GlobeNewswire last month
Hitachi Energy invests over 30 million euros to expand transformer operations in Germany

The expansion and modernization of the power transformer manufacturing facility in Bad Honnef will generate up to 100 new jobs in the region. Set for completion in 2026, the investment expands the company's global footprint and capacity at speed, addressing the accelerating demand for transformers to meet Europe’s energy transition. Hitachi Energy invests over 30 million euros to expand transformer operations in Germany Visualization of the facility in Bad Honnef, Germany Zurich, Switzerland, Fe

GlobeNewswire 2 months ago
Hitachi Vantara Names Ayman Abouelwafa as New Chief Technology Officer

Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that Ayman Abouelwafa has joined the company as its new chief technology officer (CTO), effective immediately. In this role, Abouelwafa will be responsible for identifying and evaluating emerging technologies and executing a forward-looking roadmap that aligns with the business strategy. Abouelwafa reports directly to Sheila Rohra, Hitachi Vantara's chief execut

PR Newswire 2 months ago
Hitachi Vantara and Cisco Unveil Next-Gen Hybrid Cloud Managed Services to Address Complexity, Cost Challenges

Hitachi EverFlex with Cisco Powered Hybrid Cloud addresses critical challenges in cloud adoption, focusing on cost optimization, flexibility, and security

PR Newswire 2 months ago
Hitachi Digital Services and OneThird Fight Supermarket Food Waste With First-of-its-Kind Digital Solution

Hitachi Digital Services, the digital consultancy and technology services subsidiary of Hitachi Ltd. (TSE: 6501), is supporting food waste prevention specialists OneThird in the development of a breakthrough solution tackling the global food waste crisis. OneThird selected Digital Services from Hitachi Vantara, now a new entity known as Hitachi Digital Services, to combine its Azure cloud and application expertise with their in-depth understanding of sensing and AI technology and together they c

PR Newswire 3 months ago
Hitachi Vantara Names Octavian Tanase as New Chief Product Officer

Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that Octavian Tanase has joined the company as its new chief product officer, effective today. In this role, Tanase is responsible for the vision, strategy, development, and execution of the company's product portfolio to ensure that Hitachi Vantara continues to create and deliver innovative products, services, and solutions that meet business requirements, driv

PR Newswire 3 months ago
Hitachi Energy completes acquisition of COET

Strategic acquisition adds advanced power electronics technology and production capacity for electric vehicle charging infrastructure and other grid edge applications Hitachi Energy completes acquisition of COET Hitachi Energy completes acquisition of COET Zurich, Switzerland, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has completed the acquisition of COET, a leading designer and manu

GlobeNewswire 3 months ago
GlobalLogic Announces Acquisition of Mobiveil

SANTA CLARA, Calif., December 19, 2023--GlobalLogic, a Hitachi Group Company and a leader in Digital Engineering, today announced that it has entered into a definitive agreement to acquire Mobiveil, a specialized embedded engineering services firm headquartered in the United States. The acquisition will expand GlobalLogic’s existing capabilities in Embedded Software which is essential for new digital products and services in key industries including Semiconductor, Automotive, Media, and MedTech,

Business Wire 4 months ago
Hitachi Vantara Appoints Tony Gonnella as New Chief Financial Officer

Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that Tony Gonnella has joined the company as its new chief financial officer (CFO), effective immediately. Gonnella reports directly to Sheila Rohra, Hitachi Vantara's chief executive officer, and will serve on the company's executive committee.

PR Newswire 4 months ago

Performance Overview

Return	HTHIY	Nikkei 225
YTD	+22.13%	+12.44%
1-Year	+51.25%	+31.48%
3-Year	+83.47%	+29.66%

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Hitachi, Ltd. (HTHIY)

Hitachi Energy to invest additional $1.5 billion to ramp up global transformer production by 2027

Hitachi Vantara Unveils Inaugural Sustainability Report, Reinforcing Key Sustainability Credentials and Commitments

JR AUTOMATION ANNOUNCES NEW ADDITIONS TO THE LEADERSHIP TEAM

Hitachi Vantara Announces Availability of Virtual Storage Platform One, Providing the Data Foundation for Unified Hybrid Cloud Storage

GlobalLogic Announces ‘Platform of Platforms’ for Enabling Enterprise-Grade AI

Hitachi Vantara Doubles Down on its Enterprise Storage, AI, and Hybrid Cloud Business Through Strategic Realignment

Hitachi Digital Services Powers a New Era of Transformation, Bridging the Physical and Digital Worlds at Inaugural Event

Hitachi Energy to accelerate introduction of HVDC technology with Grid United for transmission projects to strengthen US power grid

Hitachi and Penske launch large-scale electric truck charging pilot

Hitachi Vantara Announces Collaboration with NVIDIA to Create New Portfolio of Industrial AI Solutions

Hitachi Collaborates with NVIDIA to Accelerate Digital Transformation with Generative AI

Hitachi Energy to appoint Andreas Schierenbeck as new Chief Executive Officer, Claudio Facchin to step down on June 30, 2024

Hitachi Energy invests over 30 million euros to expand transformer operations in Germany

Hitachi Vantara Names Ayman Abouelwafa as New Chief Technology Officer

Hitachi Vantara and Cisco Unveil Next-Gen Hybrid Cloud Managed Services to Address Complexity, Cost Challenges

Hitachi Digital Services and OneThird Fight Supermarket Food Waste With First-of-its-Kind Digital Solution

Hitachi Vantara Names Octavian Tanase as New Chief Product Officer

Hitachi Energy completes acquisition of COET

GlobalLogic Announces Acquisition of Mobiveil

Hitachi Vantara Appoints Tony Gonnella as New Chief Financial Officer

Performance Overview