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Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics 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. Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will r...

12 December 2020 Hyundai Motor Group to acquire a 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 the development and commercialization of advanced robots The robotics technologies will lend synergies to autonomous vehicles, UAMs and smart factories Hyundai Motor Group, together with Boston Dynamics, will create robotics value chain ran...

(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, ...

Hyundai Acquiring Boston Dynamics Robotics Firm Hyundai is acquiring a majority stake in Boston Dynamics, the maker of robotic dog Spot. Hyundai will take an 80% stake Boston Dynamics, while existing owner SoftBank will maintain a 20% stake. Hyundai sees the acquisition as an important step toward its transformation into a Smart Mobility Solution Provider. Boston Dynamics Spot Hyundai has increasingly been innovating beyond the traditional concept of the automobile. The company is investing heavily in its Urban Air Mobility platform, in an effort to make aerial transport and ride-sharing a...

Hyundai dropped $1.1 billion for 80 percent of Boston Dynamics Satsuki Then - Dec 11, 2020, 6:27am CST Automaker Hyundai Motor Group has announced it has completed a deal to acquire a controlling interest in robotics manufacturer Boston Dynamics. The deal is costing Hyundai $1.1 billion and gives the automaker group approximately an 80 percent stake in Boston Dynamics. SoftBank retains a roughly 20 percent stake in Boston Dynamics after the deal’s close through one of its affiliates. Hyundai believes that establishing a presence in the field of robotics will mark another ...