October 15, 2015, Montreal, Canada – Above Security, a leading Managed Security Service Provider, today announced that Hitachi Systems Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), has completed its acquisition of Above Security. With this acquisition agreement, Above Security will retain its existing brand and continue to operate independently as “Above Security, a Hitachi Group Company” under the leadership of its president and CEO, Ray Georges Chehata, and Above Security’s current management team.
As a Hitachi Group Company, Above Security will accelerate the execution of its strategic global growth plan and extend its services more rapidly into the US, Southern Europe and Asian markets. Above Security will be able to leverage the IT security services, technology and expertise that Hitachi Systems has developed for the Japanese market to bring those services to its global customer base.
“We are delighted to officially be part of to the Hitachi family. Our IT security consulting and management expertise, managed security service platform ArkAngel, and knowledge of global markets will be the foundation of expanding our IT security services globally,” said Ray Georges Chehata, president and CEO of Above Security. “With this acquisition, we now have the tools to provide world-class IT security services across the globe to deliver on our vision of making the Internet a safer place for all and to support Hitachi’s grand vision of Social Innovation, allowing our customers to harness the full and true potential of the Internet.”
About Hitachi Systems Security Inc.
Founded in 1999, Hitachi Systems Security is a Global IT Security Service Provider who caters to small and medium size businesses as well as Fortune 500 companies in important, highly-regulated industries – such as financial services and government – where the need to process or store considerable quantities of confidential data is paramount. From its four Security Operations Centers (SOCs) in Canada, Mexico and Switzerland, Hitachi Systems Security has accumulated experience guarding the systems of over 250 private and government-owned organizations in over 40 countries around the world. In 2015, Above Security was acquired by Hitachi Systems Ltd. and rebranded on July 10, 2017 and now operates under the name “Hitachi Systems Security”.
About Hitachi Systems, Ltd.
Hitachi Systems, Ltd. is an IT services company with strengths in high-quality operations and maintenance services. Hitachi Systems works closely with customers through a network of roughly 300 service sites and contact centers across Japan, through which it offers a wide range of business system design and integration services, as well as outsourcing services that take advantage of its robust data center infrastructure. A leader since the dawn of the IT era in Japan, Hitachi Systems leverages its track record and expertise in IT services to offer one-stop services covering the entire IT life cycle – from system consulting to integration, installation, operation and maintenance. Hitachi Systems also pushes beyond the boundaries of IT to create new value for customers, with the aim of becoming a global service company to which customers can entrust any operation.
For details: http://www.hitachi-systems.com/eng/
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes 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