The IT division of Hitachi said it is to buy oxYa.
The company is a provider of services for cloud and SAP products. The acquisition will be complete by the end of March and the 500 employees and the company will become a wholly owned subsidiary of Hitachi Data Systems (HDS).
HDS did not say how much it paid for the company, which has over 200,000 people using its SAP services.
The company said it will now be able to offer extended portfolio of cloud and managed services for its customers and the acquisition will help HDS to collaborate and deliver and management of large environments.
The reason for the acquisition, according to VP Hicham Abdessamad, was because customers demand “as a service” options that let them keep up with the fast pace of cloud based systems.
He said oxYa offered an expanded set of application-as-a-service offerings for both the hybrid and for public clouds.
