The Japanese are buying one of the largest IT employers in Ukraine

News

The Japanese are buying one of the largest IT employers in Ukraine

01.04.2021 News

Japanese company Hitachi has announced the purchase of American developer GlobalLogic for $ 9.6 billion, according to Reuters.

The American company has several offices in Ukraine and is one of the three largest IT employers in the country.

GlobalLogic owns 45% in equal shares of Canada Pension Plan Investment Board and Swiss investment company Partners Group. The remaining 10% of shares belong to the company’s management.

Hitachi plans to close the purchase agreement by the end of July.

GlobalLogic has more than 20,000 employees in 14 countries, 5,712 of which are located in Ukrainian offices, namely in Kyiv, Kharkiv, Lviv and Mykolayiv.

Other articles

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

  • Україна планує запровадити нове мито на імпорт
    News

    Україна планує запровадити нове мито на імпорт

    Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]

Read also

The Japanese are buying one of the largest IT employers in Ukraine
News

Three banks have legal proceedings with the Creative

Two state banks have filed a lawsuit against the Creative  regarding the reimbursement of debts. In particular, Ukreximbank  wants to recover  57.71 million UAH and $ 7.84 million of arrears on the loan agreement dated November  17, 2008. Also Oschadbank wants to compensate another $ 25.24 million. In addition, Piraeus Bank ICB is trying to […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Since the beginning of the year, banks have earned 17.5 billion hryvnias

In April, the profit of Ukrainian banks amounted to 6.6 billion hryvnias, and for the four months of 2021 – 17.538 billion hryvnias. NBU data from Friday, May 21 testify to it. The total income of banks in January-April reached 80.103 billion hryvnias, expenses – 62.565 billion hryvnias. At the same time, interest income amounts […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Viber starts public accounts in Ukraine

The public service is the channel  of sales department and marketing for news distribution.  Michael Shmilov, the Viber director informs that application interface could optimise by the concrete organisation. After public account creation, the administrators could send the messengers to subscribers in different ways: through CRM system manually  or through chat-bots in private messengers. The […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Coca-Cola’s net profit for 9 months decreased by 9%

The net profit of the world’s largest producer of soft drinks Coca-Cola, which falls on the company’s shareholders, in the first nine months of the year decreased by 9% year on year and amounted to 6.291 billion dollars, according to company reports. Adjusted earnings per share were $ 1.46 against $ 1.6 a year earlier. […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Spotify, Match Group and Epic Games have united to fight due to the rules of the App Store

Spotify Technology SA, owner of the Tinder Match Group Inc., computer game developer Epic Games Inc and ten other companies have formed a coalition to put pressure on Apple Inc and other app store operators to change placement rules, according to The Wall Street Journal. In the statement from The Coalition for App Fairness, (“Coalition […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

The media has learned that American billionaires pay meager taxes

In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

China will not sell TikTok to Americans

Beijing believes that the terms of the agreement of selling the US division of TikTok to Oracle and Walmart threaten China’s national security. According to Reuters, referring to the Chinese the Global Times, Beijing will not accept such conditions. At the same time, there has been no official government statement on the issue yet. The […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

The container operator of the Ukrzaliznytsia will build a grain terminal

The container operator of the Ukrzaliznytsia the Liski Company, plans to create Portside grain terminal with a capacity of about 15 thousands TEU in a year. It is reported by the UkrAgroConsult. According to the report, the new facility will be located in the territory of the structure Odessa-Liski, which serves the container flows of […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

The Japanese are buying one of the largest IT employers in Ukraine

Japanese company Hitachi has announced the purchase of American developer GlobalLogic for $ 9.6 billion, according to Reuters. The American company has several offices in Ukraine and is one of the three largest IT employers in the country. GlobalLogic owns 45% in equal shares of Canada Pension Plan Investment Board and Swiss investment company Partners […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Uber is willing to sell the part of its stake in Didi for 6,3 billion

Taxi service Uber Technologies Inc. wants to sell the part of its stake in the Chinese taxi ordering service Didi Chuxing worth $ 6.3 billion, writes Bloomberg agency. According to sources, Uber is negotiating the sale of shares in Didi with Japanese company SoftBank Group, which is the major shareholder in both companies. “Although various […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

TOP 2015: The most invested Ukrainian companies

Despite the unstable political and economic situation in the country, in 2015 it was recorded a large influx of investments in Ukrainian projects from the west. New companies are increasingly attracting foreign investors.  The UVCA association recently reported on the results. The UVCA is an association of local and international investors. According to the UVCA […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM

On 21 April, Credit Agricole signed the agreement with the European Bank for Reconstruction and Development (EBRD) and joined the «EU4Business-EBRD Credit Line» Program, within which the bank will get a EUR 25 million loan for 4 years. The purpose of the borrowing is to support micro, small, and medium-sized businesses and to expand their access to […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

The court overturned a fine of € 790 million for 14 airlines

14 famous international airlines, such as British Airways, Air France-KLM, Qantas Airways, Air Canada, etc.,  were accused of cartel in the area of ??cargo and had to pay a fine of € 790 million. The European court of general jurisdiction, the second most important court in the EU, in its verdict says that the decision, […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Shares of Moderna rose by almost 20% after news of the vaccine

The vaccine, developed by biotechnology company Moderna, is effective in 94.5% of cases. This result was shown by the intermediate results of the third phase of clinical trials, the company said. On this news, Moderna shares went up. In the pre-market, the company’s quoting rose by more than 18%, rising above $ 105 per share. […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

Odessa Port Plant to pass into the private ownership

On June 30, 2016 the State Property Fund of Ukraine (SPF) plans to launch tender for the privatization of the  99, 6% shares of one of the country’s largest manufacturers of chemical products – Odessa Port Plant. “Carrying out of competition for the sale of stock of shares with an open offer of cost on […]

Next
The Japanese are buying one of the largest IT employers in Ukraine
News

WOG will cooperate with Ukrzaliznytsia

On Thursday, January 19 it was a press conference with the top management of the company WOG. As we have noted in the previous news, its top management discussed topical issues on the development and expansion of its business in the current year. One of the points of the plan for the improvement of the […]

Next