Nidec Executes a Comprehensive MOU with Tata Elxsi Ltd.
Friday, July 26, 2024
KYOTO, Japan and BENGALURU, India, July 23, 2024 /PRNewswire/ -- Nidec Corporation (TSE: 6594) (OTC US: NJDCY) ("Nidec" or the "Company") today announced that it has executed a memorandum of understanding (the "MOU") on July 22, 2024 with India's Tata Elxsi Ltd. ("Tata Elxsi"), a design and technology service provider.
https://mma.prnewswire.com/media/742257/Tata_Elxsi_Logo.jpg
Tata Elxsi is a Tata Group company that engages in design, technology development, system integration and software development. Tata Elxsi's technologies are adopted in autonomous driving and other types of advanced driver assistance systems, electrification, connected car solutions, and other automobile engineering-related services. It also provides services for broadcasting, telecommunications, healthcare, transportation and other industries.
The execution of the aforementioned MOU aims to enable Nidec to utilize Tata Elxsi's knowhow and resources to accelerate Nidec's group-wide enhancement of its software development capability. Furthermore, the MOU intends for the Company to develop software programs for India and other markets, and examine how to localize Nidec products, while providing support for establishing and operating a global business base for the Nidec Group's software development in the future.
Nidec stays committed to providing solutions by utilizing its comprehensive drive technology for its diverse product lineup ranging from small precision motors to ultra-large motors.
Tata Elxsi Ltd.
Tata Elxsi is among the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare, and transportation. Headquartered in Bangalore and part of the Tata group, Tata Elxsi works with leading OEMs and suppliers in the automotive and transportation industries for R&D, design, and product engineering services from architecture to launch and beyond.
It brings together domain experience across autonomous, electric, connected vehicle technologies, and software-defined vehicles (SDV), which is supported by a worldwide network of design studios, development centres, and offices as well as a global pool of over 13,000 engineers and specialists.
Tata Elxsi's official website : www.tataelxsi.com/industries/automotive
Nidec Corporation
Nidec is the world's leading comprehensive motor manufacturer handling everything that spins and moves." With approximately 340 group companies engaging in business in 46 countries around the world, Nidec utilizes their respective technological capabilities to design, develop, produce, and sell a diverse lineup of products ranging from small precision motors to ultra-large motors. Nidec's motors are adopted in various fields of business, including IT device, automobile, bike, and commercial and industrial areas. Nidec stays committed to using its technologies to provide, at an overwhelming speed, lighter, more compact and efficient products and solutions that are critical to the world.
Nidec Corporation's official website: https://www.nidec.com/en/
Logo: https://mma.prnewswire.com/media/742257/Tata_Elxsi_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/nidec-executes-a-comprehensive-mou-with-tata-elxsi-ltd-302203681.html
SOURCE TATA Elxsi
|
|
|
|
Fractal Achieves The AWS Generative AI Competency | Oct 17, 2024
|
|
Customer Analytics Applications Market size is set to grow by USD 16.73 billion from 2024-2028, increasing number of social media users to boost the revenue- Technavio | Oct 17, 2024
|
|
Genedata Expressionist 18.5 Introduces Automated Characterization Workflows for Novel Therapeutics | Oct 17, 2024
|
|
Delta Showcases AI Data Center and Smart Manufacturing Solutions at CEATEC 2024 to Align with Japan's Society 5.0 National Initiative | Oct 17, 2024
|
|
Cyngn Secures its 21st U.S. Patent: System and Methods of Adaptive Object-based Decision Making for Autonomous Driving | Oct 17, 2024
|
|
Intelligence Factory Introduces OGAR, a Technique to Reduce Hallucinations in AI Agents | Oct 17, 2024
|
|
Infosys and Microsoft Expand Strategic Collaboration to Accelerate Customer Adoption of The Microsoft Cloud and Generative AI | Oct 17, 2024
|
|
Marine Audio Market Surges to USD 290.63 Million by 2030, Propelled by 3.25% CAGR - Verified Market ReportsĀ® | Oct 17, 2024
|
|
Tredence Expands Supply Chain Command Center to the Snowflake AI Data Cloud | Oct 17, 2024
|
|
Centific and Denvr Dataworks, in Collaboration with Intel, Revolutionize Enterprise AI with Centific Frontier AI Data Platform on Intel Gaudi 3 | Oct 17, 2024
|
|
|