DENSO : Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products
January 15, 2018 at 01:49 am EST
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DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems.
The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared mobility, and electric mobility. There is a growing need to enhance the capability to develop vehicle control software. Toshiba Information Systems is skilled at developing embedded software and has a track record with in-vehicle electrification technology such as for EVs and advanced driver assistance and automated driving technologies that have been developing rapidly. The capital alliance will help DENSO work with Toshiba Information Systems as a strategic partner to develop embedded software and enhance the capability to develop vehicle control software.
In April 2017, DENSO and the Toshiba Group including Toshiba Digital Solutions and Toshiba Information Systems started to enhance collaboration in IoT-based manufacturing, advanced driver assistance, and automated driving. The three companies will continue to work more closely as strategic partners in the embedded software business and IoT-based manufacturing, in order to help build a safe and secure automotive society for all people around the world.
Denso Corporation published this content on 15 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 January 2018 06:49:08 UTC.
Original documenthttps://www.denso.com/global/en/news/news-releases/2018/20180115-g01/
Public permalinkhttp://www.publicnow.com/view/EF3427C74FF507B64461E9150FAD9F88967F286D
Denso Corporation is one of the world's largest producers of automotive equipment. The products include air conditioning systems, radiators, alternators, motors, starters, airbag sensors, etc. The group also offers industrial robots, automated industrial systems, etc.
Net sales are distributed geographically as follows: Japan (41.9%), Asia and Oceania (22.4%), North America (22%), Europe (12.1%) and other (1.6%).
DENSO : Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products