Hitachi Consulting to expand its footprint with addition of offshore Global Development Centers in India and China

Hitachi Consulting, a recognized leader in delivering proven business and IT strategies and solutions, announced Wednesday it has acquired Sierra Atlantic, a leader in offshore enterprise applications and outsourced product development.

The acquisition will significantly expand Hitachi Consulting's footprint with the addition of offshore Global Development Centers in Hyderabad, India, and Guangzhou, China along with a best-in-class global delivery model. It will also bring expanded capabilities to Hitachi Consulting's Oracle business.

Sierra Atlantic is a leader in offshore IT outsourcing with approximately 2400 employees worldwide. The company's headquarters is located in Newark, California and it maintains operations in North America, Europe and Asia Pacific.

With approximately 200 customers across the Fortune 1000 and Small Medium Enterprise (SME) segments, Sierra Atlantic specializes in providing a full portfolio of enterprise application implementation and management services to customers - using Oracle, PeopleSoft, Siebel, Microsoft and Agile - in the discrete and process manufacturing, life sciences, financial services and retail industries.

It also provides software development, testing and support services to world-class software companies. According to Phil Parr, President and CEO of Hitachi Consulting, the firm is committed to aggressively expanding its global business through organic growth as well as large-scale and market-specific acquisitions. He expects this strategic acquisition will increase the depth and breadth of the firm’s solutions portfolio to further position Hitachi Consulting as a top-tier IT professional services company.

Both companies will utilize their respective business process integration skills to work toward a smooth transition to maintain business momentum, retain personnel and continue the highest quality of client support. The management team of Sierra Atlantic will remain intact and be integral to the success of the newly merged company.

Hitachi, Ltd., headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2009 (ended March 31, 2010) consolidated revenues totaled 8,968 billion yen ($96.4 billion).

Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. Hitachi Consulting already maintains a depth of experience and leadership as an Oracle solution provider with "Partner of the Year" awards in seven of the last nine years.

5 Jan 2011.