• Kyodo, Bloomberg

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Hitachi Ltd. said Wednesday it will fully acquire U.S. software engineering firm GlobalLogic Inc. for $9.6 billion (about ¥1 trillion) to boost its information technology business in overseas markets.

With the deal, the Japanese industrial conglomerate is aiming to globally accelerate digitalization in its railway, energy, health care and other businesses. It plans to complete the acquisition of the California-based firm by the end of July pending regulatory approval.

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