Japan Novel acquires Heartland Data

SEPTEMBER 4, 2026

Japan Novel Corporation acquires Heartland Data

TARGET

Embedded software development tools and dynamic testing tools — including the DT+ series and AUTOmeal automation platform — for software engineers at embedded-systems and IoT product companies.

Ownership	Founder-owned
Headcount	91 FTEs
Headquarters	Ashikaga, Japan
Leadership	Ryo Ochiai, President & CEO
Sell-side advisor	—

ACQUIRER

Japan Novel Corporation

Software testing and quality-engineering tools and services provider for embedded, IoT, and mobile systems

Ownership	—
Headcount	51-200 FTEs
Headquarters	Tokyo, Japan
Buy-side advisor	—

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Japan Novel Corporation -> Heartland Data  (2026-09-04)
strategic_acquisition | DevTools/Infrastructure | announced
Target: Embedded software development tools and dynamic testing tools — including the DT+ series and AUTOmeal automation platform — for software engineers at embedded-systems and IoT product companies.
Website: hldc.co.jp | Buyer site: jnovel.co.jp
HQ: Ashikaga, Japan | Ownership: founder-owned
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/japan-novel-corporation-heartland-data.html

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