REAN Cloud, a Herndon company that saw a $950 million government contract get terminated after the way it was awarded stoked controversy, is being acquired by a Silicon Valley subsidiary of Japanese tech conglomerate Hitachi Ltd.
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Santa Clara, California-based Hitachi Vantara said Tuesday it would acquire 5-year-old REAN Cloud for an undisclosed sum. The deal will accelerate the company’s work moving organizations’ IT infrastructure into the cloud, and using things like artificial intelligence and machine learning to drive analytics, manage data and run applications.
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