Woven Planet Holdings, a subsidiary established by Toyota Motor Corporation and others that develops software for autonomous driving, announced that it will acquire the autonomous driving division from the major ride-sharing company "Lift" in the United States.
The purchase price is about 550 million dollars, which is more than 59 billion yen in Japanese yen.
In the field of autonomous driving, IT companies are also entering the field, and development competition is fierce. With this acquisition, we aim to secure excellent human resources and strengthen development.