Sierra Atlantic's offshore development locations in Hyderabad, India, and Guangzhou, China, will expand Hitachi Consulting's presence in the data center middleware and application integration markets.
Hitachi Consulting, the global consulting division of Japan's
Hitachi Ltd., said Jan. 4 that it has acquired Oracle and Microsoft enterprise
application developer Sierra Atlantic of Newark, Calif.
Terms of the transaction were not disclosed.
Because Sierra Atlantic has offshore development locations in Hyderabad,
India, and Guangzhou,
China, the acquisition is
aimed at expanding Dallas-based Hitachi Consulting's influence in the data
center middleware and application integration markets.
Sierra Atlantic, founded in 1993, employs about 2,400
people worldwide and has about 200 enterprise customers, including several
Fortune 1000 companies. Most of its verticals are in the process manufacturing,
life sciences, financial services and retail industries.
The company specializes in providing enterprise application implementation
and management services to customers using Oracle, PeopleSoft, Siebel,
Microsoft and Agile software, Hitachi Consulting President and CEO
Phil Parr told a conference call audience of analysts and reporters.
"Our companies share some very strong synergies because our industry
focus and geographies are well-aligned," Parr said. "Even more
significantly, Sierra Atlantic brings very valuable strengths to the table that
will allow us to provide our customers with global end-to-end lifecycle
Hitachi Consulting, founded in 2000, has a client base that includes 25
percent of the Global 100 in addition to many midmarket companies. Hitachi
Ltd., headquartered in Tokyo, is
one of the world's largest electronics companies, with approximately 360,000
employees worldwide and $96.4 billion in annual revenue.
The acquisition is expected to be completed in the current fiscal quarter.