Tokyo, April 7, 2014 --- Hitachi, Ltd. (TSE: 6501/ “Hitachi”) today announced that it will acquire Valcom S.r.l. (“Valcom”), an engineering firm in the Italian Republic, through its European subsidiary Hitachi Europe Ltd., and concluded an agreement to acquire all issued shares of Valcom. Based on this agreement, Hitachi will conduct procedures to complete the acquisition by the end of April. After the acquisition is complete, Valcom will be renamed in due course as Hitachi Engineering Europe S.r.l. (provisional/ “Hitachi Engineering Europe”).