NTT and Zenrin Capital and Business Alliance Cooperate in Smart City, etc. March 26 19:11

NTT and Zenrin, a major map company, have entered into a capital and business alliance to bring together strengths such as communication technology and map information, and to cooperate in fields such as future cities and smart cities.

According to the announcement, NTT will acquire approximately 7% of Zenrin's shares next month for over 4.5 billion yen and will take a stake.

After that, we will form a business alliance and bring together our strengths such as communication technology and map information to cooperate in the fields of smart cities, autonomous driving, etc., where future competition is taking place worldwide, with development competition occurring. And

In addition, it will cooperate in efforts to create advanced three-dimensional spatial data based on various data such as the movement of people and things, and AI = artificial intelligence to predict the future of human movement and traffic volume. That is.

NTT has just entered into a capital and business alliance with Toyota Motor Corporation on the 24th to promote smart cities, and has launched a series of partnerships with other companies in these fields.