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.”
"And so that means organic and inorganic hiring, and when it makes sense, strategic acquisitions,” Kuffner said on Wednesday. "We need a lot more people to deliver our mission faster and so I’m always looking for ways to attract, partner with and acquire top talent in that area.”