In May 2016, Hitachi announced it was investing $2.8 billion into its IoT interests. Hitachi maintained a 40% stake of the resulting company, Johnson Controls-Hitachi Air Conditioning. In October 2015, Hitachi completed a deal with Johnson Controls to form a joint-venture that would takeover Hitachi's HVAC business. The joint venture named Mitsubishi Hitachi Power Systems (MHPS) began operations in February 2014. In November 2012, Hitachi and Mitsubishi Heavy Industries agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by Mitsubishi Heavy Industries and 35% by Hitachi. In October 2012, Hitachi agreed to acquire the United Kingdom-based nuclear energy company Horizon Nuclear Power, which plans to construct up to six nuclear power plants in the UK, from E.ON and RWE for £700 million. In September 2012, Hitachi announced that it had invented a long-term data solution out of quartz glass that was capable of preserving information for millions of years. In January 2012, Hitachi announced it would stop producing televisions in Japan. The transaction was completed in March 2012. Due to concerns of a duopoly of WD and Seagate Technology by the EU Commission and the Federal Trade Commission, Hitachi's 3.5" HDD division was sold to Toshiba. In March 2011, Hitachi agreed to sell its hard disk drive subsidiary, HGST, to Western Digital for a combination of cash and shares worth US$4.3 billion. This prompted Hitachi to restructure and sell a number of divisions and businesses, a process that is expected to end in 2021. įrom 2006 to 2010, Hitachi lost US$12.5 billion, the largest corporate loss in Japanese history. Mainly window air conditioners were produced. However air conditioners were a matter of great pride. Volumes of production of air conditioners in the USSR were small, about 500,000 per year. The Baku factory was established under the license of Japanese company Hitachi. The Soviet Union started to produce air conditioners in 1975. Hitachi's reconstruction efforts after the war were hindered by a labor strike in 1950. Founder Odaira was removed from the company and Hitachi Zosen Corporation was spun out. World War II had a significant impact on the company with many of its factories being destroyed by Allied bombing raids, and discord after the war. Odaira coined the company's toponymic name by superimposing two kanji characters: hi meaning "sun" and tachi meaning "rise". ![]() Odaira moved headquarters to Tokyo in 1918. The company began as an in-house venture of Fusanosuke Kuhara's mining company in Hitachi, Ibaraki. The company's first product was Japan's first 4-kilowatt (5 hp) induction motor, initially developed for use in copper mining. Hitachi was founded in 1910 by electrical engineer Namihei Odaira (1874–1951) in Ibaraki Prefecture. Skylum thrives for innovation, and has won industry awards, including Best Mac App of 2017, EISA Best Product 2019-2020, Outdoor Photographer Editors’ Picks, The LUCIE Technical Awards for Best Software Plugin 2019, TIPA World Awards for Best Imaging Software 2019.2020 Editor’s Choice by Macworld for Luminar 4.Hitachi logo, in which visible is the symbol on the left that is still used as its corporate symbol ( monshō) and in favicons of some of the group companies like Hitachi Rail and Hitachi Astemo Our product - Luminar - a one-stop solution for editing and managing photos with unique AI tools and over 100 pro-level features The most beloved software that allows millions of creators exceed their expectations, get the job done faster and have fun. The next generation image editor, powered by Artificial Intelligence. Our goal is to be the editing software of choice for photographers. We want to reach the point where Skylum is the first company comes to mind when talking about photo editing. To create products that will bring photography to the next level. We automate photo editing with the power of Artificial Intelligence yet leave all the creative control in the hands of the artist. Today, Skylum, allows millions of photographers to make incredible images faster. ![]() We’ve grown to more than 100 employees with one goal and one vision for our future. Now we’re Skylum, a global imaging technology company with offices in Kyiv and Limassol. We began as MacPhun, a startup with only 10 people who created apps for Mac. We’ve been around for almost 13 years, and growing stronger every year.
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