Hitachi Vantara plans to sell oXya to Montefiore Investment

Hitachi Vantara, the modern infrastructure, data management and digital solutions subsidiary of Hitachi, announced its intent to sell oXya, a premier France-based SAP infrastructure solution provider it acquired in 2015, to Montefiore Investment, a well-respected French investment firm that specializes in high-potential small- and medium-sized service companies. The transaction is subject to customary conditions and regulatory approvals and is expected to close by the end of the summer 2023. Following the close of the deal, Hitachi Vantara will retain its business relationship with oXya, which will operate independently and continue to be led by Geert Vandendorpe, President Frederic de Belloy, and other key personnel.