Hitachi and VMware Announce Strategic Cloud Partnership to Deliver IT as a Service

TOKYO and PALO ALTO, CA--(Marketwire - Jun 9, 2011) - Hitachi Ltd. and VMware today announced a strategic partnership enabling Hitachi to deliver new cloud services to financial institutions in Asia. The new solution, Private Cloud for Finance Institutes, is based on VMware vSphere® and the VMware vFabric™ cloud application platform and will help Hitachi deliver IT as a Service to customers.

Japanese financial institutions are moving away from tightly coupled IT architectures in favor of virtualized infrastructures containing loosely coupled applications that can access a flexible pool of IT resources. This new model of delivering IT is designed to help customers simplify infrastructure management and improve business agility in a secure and flexible manner.

The new Private Cloud for Finance Institutes combines VMware's virtualization and cloud infrastructure expertise with Hitachi's experience in providing holistic, vertically integrated solutions to deliver cloud services for customers. Private Cloud for Finance Institutes includes the VMware vFabric platform, including VMware vFabric GemFire®, to enable application developers to create in-house applications with the simplicity offered by cloud computing. Private Cloud for Finance Institutes will enable customers to:

• Drastically reduce IT system lifecycle costs
• Reduce the burden of investments in maintaining existing IT systems, freeing up spending for more strategic and innovative initiatives
• Realize a simple, expandable architecture
• Reconfigure the system such that the merits of future innovations are quickly and easily adaptable
• Greatly reduce business continuity and disaster recovery costs
• Deliver on the pain points where cost is impeding full deployment

"Organizations across Asia are looking for ways to leverage modern IT infrastructures to achieve operational efficiency, increase scalability, and address critical business needs," said Ryoichi Nakazato COO of Information & Telecommunication Systems Company, Hitachi, Ltd. "Hitachi is now working with VMware to help financial institutions more easily realize the value of private cloud solutions and applications while providing the security and control they require."

"VMware is committed to delivering IT as a Service to organizations worldwide, increasing productivity, spurring innovation and simplifying deployment while improving business agility and reducing costs," said Tod Nielsen, co-president, Application Platform, VMware. "Our partnership with Hitachi and the new joint Private Cloud for Finance Institutes solution will bring the full benefits of cloud computing to financial institutions across Asia."

As part of the new partnership, Hitachi and VMware will also work together on continued technology collaboration and joint marketing initiatives.

About Hitachi,Ltd.
Hitachi, Ltd., (NYSE: HIT) (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About VMware
VMware (NYSE: VMW) delivers virtualization and cloud infrastructure solutions that enable IT organizations to energize businesses of all sizes. With the industry leading virtualization platform -- VMware vSphere® -- customers rely on VMware to reduce capital and operating expenses, improve agility, ensure business continuity, strengthen security and go green. With 2010 revenues of $2.9 billion, more than 250,000 customers and 25,000 partners, VMware is the leader in virtualization, which consistently ranks as a top priority among CIOs. VMware is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.

VMware, VMware vFabric, VMware vFabric GemFire and VMware vSphere, are registered trademarks and/or trademarks of VMware, Inc. in the United States and/or other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies. The use of the word "partner" or "partnership" does not imply a legal partnership relationship between VMware and any other company.