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
support."
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.
Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on Salesforce.com and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz
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Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on Salesforce.com and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz
