(2) Hyundai Motor Group to acquire controlling interest in Boston Dynamics, valued at $1.1 billion, with the goal of advancing robotics and mobility to realize progress for humanity The combination of the highly complementary technologies of Hyundai Motor Group and Boston Dynamics, and the continued partnership of SoftBank Group, will propel development and commercialization of advanced robots Hyundai Motor Group , together with Boston Dynamics, will create robotics value chain ranging from robot component manufacturing to smart logistics solutions BOSTON and SEOUL, South Korea and TOKYO, Dec. 11, 2020 /PRNewswire/ -- Hyundai Motor Group and SoftBank Group Corp. (SoftBank) today agreed on main terms of the transaction pursuant to which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Financial terms were not disclosed.