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Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft s Level 5 Division TOKYO, Jul 20, 2021 - (JCN Newswire) - Woven Planet Holdings, Inc. ( Woven Planet ), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of Level 5, the self-driving division of Lyft, Inc. ( Lyft ), a proposed transaction previously announced in April 2021. This marks the first acquisition for Woven Planet, a group that is focused on mobility innovations and investments in automated driving, robotics, smart cities, and more. With the acquisition in place, Woven Planet will be provided with technology, talent, and an international footprint that will accelerate its efforts. Woven Planet will immediately oversee Level 5 s offices and operations in Silicon Valley and London. In addition, Woven Planet welcomes Level 5 s team of over 300 high-caliber engineers, research scientists, and mobility specialists. It will also be acquiring the Lyft divi

United statesCity ofUnited kingdomJames kuffnerToyota motor corporationJapan corporate news networkSubsidiary of toyota motor corporationToyota research institutePlanet holdings incCommittee on foreign investmentLyft incPlanet groupPlanet holdingsWoven planet holdingsCloses acquisitionWoven planet