Corporate Finance
Hitachi acquires GlobalLogic for $9.4bn in its latest push to digitalize
Download PDF GlobalLogic – privately owned Hitachi – market cap as of 11th April: ¥4.97tn Introduction On March 31st 2021, Hitachi announced its agreement to acquire GlobalLogic, a Silicon Valley-based software services company, for $9.4bn. This transaction values GlobalLogic at 37x forecasted 2021 adjusted EBITDA, while giving it an equity Read more…