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In July 2024, Johnson Controls said that it would sell its business for residential and light commercial buildings to Bosch for $6.7 billion. As part of this transaction, Bosch also intends to acquire 100 percent of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40 percent stake.
Hitachi maintained a 40% stake in the resulting company, Johnson Controls-Hitachi Air Conditioning. [50] In May 2016, Hitachi announced it was investing $2.8 billion into its IoT interests. [51] Hitachi’s rail business in Europe, especially in the United Kingdom, expanded in the 2010s, with Hitachi Newton Aycliffe starting operations in ...
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
In July 2020, ABB divested its power grid business and sold 80.1% of that to Hitachi Ltd., leading to the formation of Hitachi ABB Power Grids. [1] In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 percent shares from ABB Ltd. [2]
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HGST, Inc. (Hitachi Global Storage Technologies) was a manufacturer of hard disk drives, solid-state drives, and external storage products and services. It was initially a subsidiary of Hitachi, formed through its acquisition of IBM's disk drive business. It was acquired by Western Digital in 2012. However, until October 2015, it was required ...
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Hitachi Construction Machinery Co., Ltd. was established in 1970, and was involved in the production of Japan's first mechanical excavator.The company has now become a major construction equipment manufacturer in the world, and it is listed on the Nikkei 225.
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