Hitachi IT Services

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Hitachi, Ltd. is engaged in developing a diversified product mix ranging from electricity generation systems to consumer products and electronic devices. The companys power and industrial systems brings in the most revenue, and is also a world-leading maker of corporate transaction-oriented mainframes, as well as semiconductors, servers, and other information system and telecommunications equipment. Its consumer goods range from TVs to refrigerators and washing machines. Hitachi also has operations in financial services, property management, and logistics. In a move aimed at improving its ability to compete in an increasingly global marketplace, the company announced an alliance with Mitsubishi Heavy Industries and Mitsubishi Electric Corp. in mid-2010. The three companies plan to spin off and integrate their hydroelectric power businesses into a joint venture that will be created in 2011.