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YASKAWA Electric establishes joint venture with YE DIGITAL to promote IoT

May 21, 2020

YASKAWA Electric announced on April 10, 2020 that it has agreed with YE DIGITAL to establish a joint venture for the Internet of Things (IoT) solution business for manufacturing industries. It will be established in July 2020. The capital is 50 million yen, and YASKAWA Electric has a 60% stake and YE DIGITAL has a 40% stake.

YASKAWA Electric has promoted the concept of ” i³-Mechatronics ” that solves problems by combining mechatronics technology and digital data management. The company aims to further strengthen it by combining with YE DIGITAL ‘s IoT technology.

This article was translated by “T-4OO”.

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