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NTT Docomo, Pioneer form business, capital alliance
2013-05-13 09:06:00| Telecompaper Headlines
(Telecompaper) Japanese mobile operator NTT Docomo has formed a business and capital alliance with Pioneer, a manufacturer of car and home electronics, to enter intelligent transport systems business in Japan. Pioneer's in-car navigation telematics technologies and related peripheral development capacities will be integrated with Docomo's mobile cloud expertise to make a full-scale entry into the field of intelligent transport systems (ITS). The envisioned in-car ITS system will use probe data gathered from Pioneer's car-mounted navigation system and Docomo smartphones in moving vehicles to process detailed traffic information in Pioneer's ITS cloud platform. ITS services that integrate this information with various other services will be jointly developed and launched for individual and corporate customers this year. In addition to developing such services and constructing ITS-related cloud infrastructure, the two companies will develop and sell compliant car-mounted communication devices. Under the capital alliance, Docomo plans to invest about JPY 5 billion through a third-party allocation of new shares to acquire approximately 7 percent stake in Pioneer on 28 June.
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Category:Telecommunications