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Jan 15, 2018 15:54 JST

Source: Denso

DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement
To Enhance Development of Embedded Software for In-vehicle Products

TOKYO, Jan 15, 2018 - (JCN Newswire) - 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.

Contact:
Sadayoshi Yokoyama, Toshiko Watanabe 
DENSO CORPORATION 
Phone: 81-566-25-5594 
Fax: 81-566-25-4509 
sadayoshi_yokoyama@denso.co.jp 
toshiko_watanabe@denso.co.jp
Source: Denso
Sectors: Automotive

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

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