Home / M&A Activity / Hitachi Data Systems to Buy Cloud Services Provider oXya

Hitachi Data Systems to Buy Cloud Services Provider oXya

cloudITHitachi Data Systems has struck a deal to acquire cloud hosting services company oXya in a move aimed at growing HDS’ managed cloud offerings.

HDS said Tuesday the oXya purchase is scheduled to complete by the end of March, pending customary closing terms.

OXya works with enterprise customers to help them implement SAP products and manage information technology systems in a private or hybrid cloud environment.

Hicham Abdessamad, executive vice president for global services at HDS, said the company aims to enable its unified computing technology to run on the SAP HANA in-memory cloud platform through the acquisition.

OXya, led by Frederic de Belloy, would operate as an HDS subsidiary and report to Abdessamad.

Check Also

Avon Rubber Books $333M Body Armor Supply Contract With DLA

The Defense Logistics Agency has selected U.K.-based protective equipment supplier Avon Rubber for a potential  $333M framework contract to provide body armor plates from its recently acquired business, Ceradyne.

Aerospace Defense Firms Launch Measures to Avoid COVID-19 Spread; Ellen Lord Quoted

Boeing (NYSE: BA), Textron’s (NYSE: TXT) Bell subsidiary and other aerospace defense manufacturers have increased cleaning efforts and implemented telework capabilities, social distancing and other measures to prevent the spread of the coronavirus and maintain operations, FlightGlobal reported Friday. Other companies that have initiated similar efforts are Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Sikorsky and AeroVironment.