Johnson Controls Inc. will take a 60% stake in the global air conditioning business of Hitachi Ltd., under a joint venture announced Tuesday.
Today Johnson Controls, Inc., Hitachi, Ltd. and Hitachi Appliances, Inc. announced that the companies have signed a non-binding memorandum of understanding for a transaction in which Johnson Controls will obtain a 60% ownership stake in Hitachi Appliances’ global air conditioning business, excluding sales and service operations in Japan and certain other assets.
Hitachi to Reorganize IP Telephony-related Products Business for Information & Telecommunication Systems Company3 Dec
Tokyo, Dec 2, 2013 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced its plans to reorganize the IP telephony(1)-related products business within the Hitachi Group, with aim of strengthening the products, centered on private branch exchanges (PBXs).
Hitachi Ltd. unveiled an energy- storage system that the company said will support wind and solar power and allow users to sell electricity into deregulated markets such as California.
Hitachi, Ltd. today announced that it has developed an all-in one, container-type energy storage system as a core energy product for ensuring the stable use of distributed renewable energy such as wind and solar power, while maintaining the power supply-demand balance.
Hitachi Acquires Prizm Payment Services, Leading Payment Service Provider to Banks and Financial Institutions in India26 Nov
Tokyo, Nov 26, 2013 - (JCN Newswire) - Hitachi, Ltd. today announced that it has entered into share transfer agreements relating to all the issued equity shares of Prizm Payment Services Pvt Ltd. ("Prizm Payment Services") with all the company's shareholders, including Winvest Holdings (India) Private Limited, Sequoia Capital, Axis Bank and other minority shareholders.
Tokyo, Nov 21, 2013 - (JCN Newswire) - Hitachi, Ltd. (6501, "Hitachi") today announced that construction has begun on a Carbon Capture Test Facility ("CCTF") designed to capture CO2 emissions from coal-fired power plants. Hitachi and its partner, Saskatchewan Power Corporation ("SaskPower"), agreed to build this demonstration project in March of 2012. The construction work is expected to be ...
Tokyo, Nov 14, 2013 - (JCN Newswire) - Hitachi, Ltd. today announced the decision of the Hitachi Group to donate 10 million Japanese Yen (4.35 million pesos*) to assist in the relief efforts following the massive destruction caused by Typhoon Haiyan that hit central Philippines last week.
Hitachi Data Systems Introduces Significant New Flash Storage Offerings, Servers, Converged Solutions, and Expanded ...12 Nov
Hitachi Data Systems Corporation , a wholly owned subsidiary of Hitachi, Ltd. today unveiled new milestones to help organizations extract meaningful insights from information that will lead to innovation ...
Tokyo, Nov 11, 2013 - (JCN Newswire) - Hitachi, Ltd. (Hitachi: TSE/6501) and Mitsubishi Corporation (MC: TSE/8058) today announced that MC agreed to sell, and Hitachi agreed to purchase, 51 percent of the issued shares of Japan Space Imaging Corporation (JSI), a subsidiary of MC, and that Hitachi and MC will jointly operate the satellite imagery business through JSI from November 15, 2013.