[June 27, 2017] |
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Hitachi Data Systems Federal Signs Definitive Agreement to Accept Transfer and Control of Brocade Cleared Assets and Support Services
Hitachi Data Systems Federal, Inc., (HDS Federal) today announced it has signed a definitive agreement with Brocade Communication Systems, Inc. (Brocade (News - Alert)) to accept the transfer and control of certain Brocade U.S. Federal cleared assets, comprised mainly of service maintenance contracts. As part of the transaction, HDS Federal plans to expand its cleared employee capability with Brocade's Federal cleared support professionals. The close of the transaction is expected to occur coincident with the close of Broadcom's (News - Alert) pending acquisition of Brocade. HDS Federal will gain the Brocade assets and contracts for cleared data center networking, campus/edge networking, and Storage Area Networking (SAN) service maintenance. The agreement supports HDS Federal's transformation strategy to broaden its portfolio of federal offerings to support complex intelligence and engineering solutions for its customers. Financial terms of the agreement were not disclosed.
"This agreement with Brocade reinforces our commitment to the public sector and expands our portfolio of capabilities to further assist our government customers in their digital transformation journeys," said David Turner, HDS Federal president and CEO. "This combination strengthens our customer offerings with a wide range of easy to deploy, cost-effective classified federal networking capabilities for managing their mission critical initiatives."
"Hitachi (News - Alert) Data System Federal has an excellent reputation for serving the Federal marketplace and significant experience with Brocade's SAN and IP Networking portfolios," said Brocade CEO, Lloyd Carney. "This agreement helps ensure that our valued federal customers will continue to receive world-class support and services for Brocade's networking solutions."
About Hitachi Data Systems (News - Alert) Federal, Inc.
Hitachi Data Systems Federal, Inc., implements data and analytics solutions that meet the federal government's needs today and tomorrow. Hitachi Data Systems Federal provides pathways to the cloud and converged IT systems through virtualization, storage and DCC to reduce IT complexity and increase the efficiency of the U.S. government. Hitachi Data Systems Federal is able to offer the best information and operation technology from across the Hitachi family to provide exceptional value to government agencies. Hitachi Data Systems Federal Corporation is headquartered in Reston, Virginia. For more information, please visit: www.hdsfed.com. Follow HDS Federal on Twitter (News - Alert) @HDSFederal.
About Hitachi Data Systems
Hitachi Data Systems, offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help global organizations open new revenue streams, increase efficiencies, improve customer experience and ensure rapid time to market in the digital age. Only Hitachi Data Systems powers the digital enterprise by integrating the best information technology and operational technology from across the Hitachi family of companies. We combine this experience with Hitachi expertise in the internet of things to deliver the exceptional insights business and society need to transform and thrive. Visit us at www.hds.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges. The company's consolidated revenues for fiscal 2015 (ended March 31, 2016) totaled 10,034.3 billion yen ($88.8 billion). The Hitachi Group is a global leader in the Social Innovation Business, and it has approximately 335,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170627005564/en/
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