# Yaskawa Electric and YE Digital form IoT joint venture

Yaskawa Electric announced a joint venture with YE Digital for IoT solutions in manufacturing, to be established in July 2020. Yaskawa will hold a 60% stake and YE Digital 40%, with capital of 50 million yen.

- Type: Partnership
- Announced: 2020-04-10
- Where: Japan
- Value: $465K (50.0M JPY)
- Status: announced
- Products: IoT solutions for manufacturing
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yaskawa Electric Corp.](https://endata.com/companies/16371.md) (partner)
- [YE Digital](https://endata.com/companies/47394.md) (partner)

## Sources

- [seisanzai-japan.com](https://seisanzai-japan.com/article/p1847/), 2020-05-21: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.