Woven planet holdings, a subsidiary of toyota, announces acquisition of lyft's level 5 division to accelerate software innovation for automated driving mobility

Tokyo--(business wire)--woven planet holdings, inc. (“woven planet”), a subsidiary of toyota motor corporation, has agreed to acquire level 5, the self-driving division of lyft, inc., one of the largest ride-hailing companies in the world. this marks the first major deal for the newly established woven planet. the deal will bring together world-class scientists and software engineers from level 5, woven planet, and researchers from toyota research institute, inc. (“tri”) already working togethe
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