Toyota Bets Big On Autonomous Tech, Swallows Millimeter Wave Radar Maker

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When it comes to autonomous driving technology, “legacy automakers” are putting their money where Tesla’s mouth is. Today, Toyota agreed to take control of Fujitsu Ten, one of the world’s leading developers of millimeter wave radar, a key technology for dependable autonomous drive.

Once the deal is consummated by the end of the current fiscal on March 31, 2017, Toyota, together with its group company DENSO, will own 86% of Fujitsu Ten, with electronics powerhouse Fujitsu holding the rest. DENSO is one of the world’s largest OEM parts suppliers, similar in size to Bosch , Continental , or Magna.

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