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Benzinga
Benzinga
Business
Triveni Kothapalli

Why Hitachi Just Bought This AI Firm

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Hitachi Ltd. (OTC:HTHIY) said on Tuesday it has agreed to acquire German data and artificial intelligence consulting firm Synvert through its U.S. subsidiary GlobalLogic Inc. from Maxburg, a private equity fund focused on founder-led technology companies in German-speaking markets.

Hitachi said the acquisition will support the rollout of its HMAX solution suite, which uses agentic and physical AI to enhance operational autonomy and business model innovation.

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