Honda relaunches silicon valley lab as 'Honda Innovations'
Honda (HMC) announced that "Honda Silicon Valley Lab, the global open innovation hub within Honda R&D Americas, will expand its areas of focus beyond vehicles and broaden its responsibility to develop partnerships as a new company, Honda R&D Innovations, to be known as 'Honda Innovations.' The new company will seek transformative collaborations within all areas of Honda's activities. Honda Innovations will remain located in Mountain View, CA, and will operate globally as it seeks to partner with innovators ranging from startup and global brands to design and development communities... Honda Innovations' focus areas include Connected Vehicle/Internet of Things services, Human Machine Interface, Machine Intelligence/Robotics, Connected Services, Personal Mobility, Sharing Economy, and Industrial Innovation. Additionally, Honda Innovations will facilitate discussions on technical collaboration with Waymo to integrate Waymo's self-driving technology with vehicles from Honda. A memorandum of understanding between Honda R&D and Waymo was signed in late 2016." Waymo is a subsidiary of Alphabet (GOOG). Reference Link HMC GOOG GOOGL