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Hitachi to Buy Pentaho to Bolster Data-Analysis Software Tools

Hitachi Ltd.’s enterprise-technology unit plans to acquire data-management company Pentaho Corp. for $500 million to $600 million, a person with knowledge of the matter said.

Hitachi Data Systems will merge Pentaho’s data analysis and management tools into its products, while other technologies will be used in Hitachi’s ventures in areas such as the Internet-of-things and large-scale data processing, the companies said in a statement today.