The smart life and technology provider Hitachi, Ltd. announced that its subsidiary Taiwan Hitachi Asia Pacific Co., Ltd. has agreed to establish a joint venture company for the manufacturing and sales of cells used in regenerative medicine, in partnership with MetaTech (AP) Inc., which provides technologies and activities in the regenerative medicine field in Taiwan.
The joint venture firm will focuses on the development of regenerative medicine and its expansion in Taiwan. The company has been active in the field of regenerative medicine, which involves cutting-edge technologies that are expected to give rise to new treatment methods for various diseases. The company in the field of healthcare, has delivered many systems and solutions to medical facilities, making dramatic contributions to richer and healthier lifestyles for people across the world.
The major acquisitions and partnership by Hitachi in last three months are mentioned below:
- April 2020: Hitachi, Ltd. announced the expansion of Lumada Business with the acquisition of digital business under the Fusionex brand from Fusionex International Plc a Big Data and AI technology market leader in the Asian region, providing AI and data analytics services.
- January 2020: Hitachis wholly owned subsidiary Hitachi Vantara, announced its intent to acquire the business of privately held Waterline Data, Inc. Headquartered in Mountain View, Calif., Waterline Data provides intelligent data cataloging solutions for DataOps that help customers more easily gain actionable insights from large datasets and comply with data regulations such as GDPR.
- December 2019: Hitachi Vantara and T-Systems North America (TSNA) announced a collaboration to develop new Hitachi Vantara-powered managed services. These services target the challenges and opportunities that face healthcare and life sciences customers, particularly around enterprise imaging and other business operational systems.
Hitachi is a multinational conglomerate company, headquartered in Tokyo, Japan. Hitachi is involved in the manufacture of electronic, healthcare and electrical equipment. It operates in Information and Telecommunication, Infrastructure Transportation, Electronic and Equipment, Power Systems, Construction Machinery and Others. The company has more than 296,000 employees globally.