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Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft's Level 5 Division


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 ....

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Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA


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Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA – Consumer Electronics Net

Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA – Consumer Electronics Net
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Toyota revs up its digital mapping subsidiary Woven Planet


Toyota revs up its digital mapping subsidiary Woven Planet
YURI KAGEYAMA, AP Business Writer
July 14, 2021
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1of3In this photo released by Woven Planet Holdings, Inc., Woven Planet Holdings Chief Executive James Kuffner speaks during a company event in Tokyo on Jan. 29, 2021. Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving. To make safe mobility we need both, great hardware and great software,” Kuffner said. (Woven Planet Holdings, Inc. via AP)APShow MoreShow Less ....

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Toyota revs up its digital mapping subsidiary Woven Planet | The Asahi Shimbun: Breaking News, Japan News and Analysis


In this Jan. 30, 2019, file photo, James Kuffner, then Toyota Research Institute Advanced Development CEO, speaks during a workshop in Tokyo. (AP Photo)
Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving.
“Toyota’s traditional strength in hardware is something we never want to lose. To make safe mobility we need both, great hardware and great software,” Woven Planet Holdings Chief Executive James Kuffner said. “The world is changing. The automotive industry is going through this once-in-a-hundred-year revolution. And so how do we remain relevant?” ....

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