Hitachi Vantara Federal Closes Asset Transfer Agreement with Brocade

Deal Strengthens Company’s Capabilities & Expands Portfolio of Networking Solutions

Reston, Va. – Nov. 17, 2017 – Hitachi Vantara Federal Corporation today announced that it has completed a definitive agreement to assume the transfer and control of certain Brocade U.S. Federal sensitive assets and service maintenance contracts. Under the terms of the agreement, the completion of the transaction occurred coincident with the close of Broadcom’s acquisition of Brocade that occurred earlier today. Financial terms of Hitachi Vantara Federal’s agreement with Brocade were not disclosed.  

 

The Brocade assets gained from the agreement include sensitive data center networking, campus/edge networking, and Storage Area Networking (SAN) service maintenance contracts. The arrangement supports Hitachi Vantara Federal’s transformation strategy to broaden its portfolio of federal offerings to support complex intelligence and engineering solutions for its customers.

 

“The acquisition of these assets moves us closer to our mission of becoming a full-service data provider with the best IP, domain expertise, and data-driven technology to meet the broad spectrum of our clients needs in big data, analytics and the Internet of Things,” said David Turner, Hitachi Vantara Federal president and CEO. “Adding Brocade's networking component to our infrastructure, software and analytics portfolio strengthens our IP-based networking and software–defined architecture capabilities that we can now offer to our Federal customers.” 

 

In addition to the assumed service maintenance contracts, nearly two dozen Brocade technical engineers transferred to Hitachi Vantara Federal to continue supporting the assumed contracts. Acquiring these professionals gives the company in-house Brocade expertise to implement solutions and to provide on-sight technical support to its customers.

 

About Hitachi Vantara Federal Corporation

Hitachi Vantara Federal Corporation implements data and analytics solutions that meet the federal government’s needs today and tomorrow. Hitachi Vantara Federal provides pathways to the cloud and converged IT systems through virtualization, storage and DCC to reduce IT complexity and increase the efficiency of the U.S. government. Hitachi Vantara Federal is able to offer the best information and operation

 technology from across the Hitachi family to provide exceptional value to government agencies. Hitachi Vantara Federal Corporation is headquartered in Reston, Virginia. For more information, please visit: www.hitachivantarafederal.com. Follow Hitachi Vantara Federal on Twitter @HVFederal.  

 

About Hitachi Vantara

Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. We combine technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers’ experiences, develop new revenue streams, and lower the costs of business. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. We work with organizations everywhere to drive data to meaningful outcomes. Visit us at www.HitachiVantara.com.

 

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges. The company’s consolidated revenues for fiscal 2016 (ended March 31, 2017) totaled 9,162.2 billion yen ($81.8 billion). The Hitachi Group is a global leader in the Social Innovation Business, and it has approximately 304,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including Power / Energy, Industry / Distribution / Water, Urban Development, and Finance / Government & Public / Healthcare. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

 

Contact:

Lorely Flores

Hitachi Vantara Federal

T (703) 787-2907

lorely.flores@hitachivantarafederal.com