Hitachi Vantara Snaps Up REAN Cloud
Hitachi Vantara has announced its plans to acquire REAN Cloud LLC, a global cloud systems integrator, managed services provider, and solutions developer of cloud-native applications across big data, machine learning, and emerging Internet of Things spaces.
The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals. Financial terms of the deal are not being disclosed.
While Hitachi Vantara already offers private cloud solutions for customers who want pay-as-you-go experiences without having to move their data off premises, said Bobby Soni, chief solutions and services officer of Hitachi Vantara, said that with the addition of REAN Cloud, the company will be able to extend its cloud offerings to public and hybrid clouds, and it will enable customers to accelerate their digital transformations by deploying analytics-centric solutions to advance business outcomes.
Once the acquisition closes, REAN Cloud’s founders will continue with Hitachi Vantara’s Solutions and Services organization, led by Soni.
For more information about Hitachi Vantara, go to www.hitachivantara.com.