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Hitachi setting up Internet of Things R&D base in US

TOKYO -- Hitachi is establishing an American research and development hub for Internet of Things-related technologies, investing roughly 100 billion yen ($915 million) in the area over three years.

     The headquarters of the new services and platforms business unit will open in Santa Clara, California, as early as the first half of May. By recruiting engineers from both near and far, the base will expand to around 200 people by the end of the year through March 2017. It will be charged with developing foundational technologies in big data and the Internet of Things. The planned investment translates to a 30% increase from Hitachi's spending in the fields over the past three years.

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