Hyperdrive
Toyota’s Tech Arm Plans Major Hiring Push in Self-Driving Race
- Woven Planet has plans to buy U.S. mapping firm Carmera
- Further deals, adding staff may see company quadruple in size
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Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.
James Kuffner, CEO of Woven Planet Holdings Inc. -- the unit charged with leading the world’s largest carmaker through an era in which the lines between technology and automobiles are increasingly blurred -- said he’s looking to “double or quadruple the size of the company in the next couple of years.”