HITACHI DATA SYSTEMS ANNOUNCES INTENT TO ACQUIRE OXYA TO HELP CUSTOMERS ACHIEVE CLOUD FLEXIBILITY, CONTROL AND IMPROVED ECONOMICS FOR SAP ENVIRONMENTS
A Leader in Services for Cloud and SAP® Solutions Will Extend HDS Portfolio of Services for Private and Hybrid Clouds
South Africa, February 19, 2015 – Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced its intent to acquire oXya, a leading provider of services for cloud and SAP® solutions
The acquisition of oXya is expected to close by the end of March and is subject to customary closing conditions. Upon the close of the acquisition, oXya, with more than 500 employees, will become a wholly owned subsidiary of Hitachi Data Systems and will continue to execute its current business model under oXya VP and chairman, Frederic de Belloy, reporting to Hicham Abdessamad, HDS executive vice president, Global Services.