# UMC Electronics to acquire Hitachi Information & Telecommunication Manufacturing

Hitachi and UMC Electronics have agreed that UMC Electronics will acquire the stocks of Hitachi Information & Telecommunication Manufacturing and related manufacturing assets. The collaboration aims to strengthen manufacturing of IT products such as servers, storage, and network equipment.

- Type: Acquisition
- Announced: 2018-04-03
- Where: Japan
- Status: announced
- Products: servers, storage, network equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (target)
- [UMC Electronics](https://endata.com/companies/31068.md) (acquirer)
- [Hitachi Information & Telecommunication Manufacturing](https://endata.com/companies/31069.md) (target)

## Sources

- [hitachi.com](https://www.hitachi.com/en/press/articles/2018/04/0403/), 2018-04-03: "Hitachi and UMC Electronics today announced that the companies reached a basic agreement on collaboration for strengthening manufacturing in the IT product field."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.