Zenrin Invests in Abalta’s Connected Car Solutions
Sept. 13, 2016—Abalta Technologies, a U.S.-based supplier of connected vehicle solutions, announced today that Zenrin Company Ltd, a Japanese digital mapmaker, is making a significant investment in Abalta.
The partnership will allow Abalta to further develop its connected car solution, capitalizing on the market position and expertise of both companies.
"We value Abalta's strong infotainment expertise, engineering capabilities, and mapping background," said Zenshi Takayama, president of Zenrin. "We look forward to offering a broader set of services to our automotive partners as a result. The investment in Abalta is a key element of our plan to grow our business globally. They have one of the strongest engineering teams in the industry and we are excited to work with them to advance the connected car industry."