Hyundai buys Boston Dynamics
tech
Hyundai has acquired full control of Boston Dynamics from SoftBank for three hundred twenty-five million dollars, according to Startup Fortune. The South Korean automaker is now the sole owner of the advanced robotics company, known for developing humanoid and quadruped robots that navigate complex terrain. The acquisition represents Hyundai's strategic expansion into robotics and autonomous systems, signaling confidence in applying the company's technology to manufacturing, logistics, and industrial automation. This moves Boston Dynamics from SoftBank's portfolio to Hyundai's, bringing manufacturing expertise that could help commercialize the company's cutting-edge robotics research.
Source: https://startupfortune.com/hyundai-takes-full-control-of-...
Listen to this story
Hear this and more stories in a personalized audio briefing.
Open The Chonkerton