# Hitachi acquires Flexware Innovation

Hitachi, Ltd. acquired Flexware Innovation, Inc., a manufacturing systems integrator, on August 31, 2022. The acquisition strengthens Hitachi's MES and SCADA business in North America.

- Type: Acquisition
- Announced: 2019-03-06
- Where: United States
- Value: $6.40B
- Status: completed
- Products: manufacturing execution systems, SCADA systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [ABB](https://endata.com/companies/1547.md) (target)
- [Flexware Innovation](https://endata.com/companies/17887.md) (target)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/jcnnewswire-2022-9-7-hitachi-acquires-key-industry-40-systems-integrator-flexware-innovation), 2019-03-06: "Flexware Innovation was a strategic acquisition for Hitachi due to its focus on the TOTAL SEAMLESS SOLUTION that links 'shop floor' and 'top floor' with data and digital technology."
- [patentforecast.com](https://www.patentforecast.com/2019/03/22/hitachi-to-buy-abbs-power-grids-business-for-6-4-billion/), 2019-03-22: "Hitachi Ltd.'s planned takeover of ABB Ltd.'s power grid division for about $6.4 billion will be the Japanese conglomerate's biggest-ever deal."

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