Hitachi Data Systems to buy oXya
Acquisition will extend HDS' portfolio of services for private and hybrid cloud
Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi Ltd, has announced its intent to buy oXya, a provider of services for cloud and SAP solutions.
The cost of the deak has not been disclosed although HDS stated that the acquisition of oXya is expected to close by the end of March and is subject to customary closing conditions.
Upon the close of the acquisition, oXya, which has more than 500 employees, will become a wholly owned subsidiary of Hitachi Data Systems and will continue to execute its current business model under oXya VP and chairman, Frederic de Belloy, reporting to Hicham Abdessamad, HDS executive vice president, Global Services.
"Today'spartners and customers demand as-a-service options that enable them to keep pace with market dynamics like cloud, while transforming the way they conduct business," said Abdessamad. "oXya offers an expanded set of application-as-a-service offerings, both in private cloud and hybrid cloud. They have vast experience with managing large SAP solution-based environments and a history of excellent customer satisfaction.
Abdessamad added that when completed, the acquisition of oXya will enable HDS and channel partners to extend the portfolio of managed cloud services and provide additional skills and expertise to enable Hitachi Unified Compute Platform solutions in environments running SAP solutions, including SAP HANA.
"With its software-as-a-service offerings for SAP solutions, oXya brings applications as a service, which is a frequent customer request and a bridge into solutions for analytics and Social Innovation," Abdessamad said.
"Building upon years of successful partnership, we are pleased to grow our relationship beyond that of a Hitachi Cloud Service Provider to officially become part of the Hitachi Data Systems family. We are proud of the expertise and market leadership that we have built since our founding in 1998," said De Belloy, chairman and VP, oXya. "Combining efforts with Hitachi Data Systems and its partners will allow us to deliver to customers even more innovative solutions to gain insights from their data while expanding global coverage for our services," he said.