Hyundai acquires Boston Dynamics, familiar with dog-shaped robot 'Spot'

On June 21, 2021, South Korean car maker

Hyundai Motor Group completes acquisition of Boston Dynamics from SoftBank Group Corp. | SoftBank Group Corp.
https://group.softbank/news/press/20210621

Boston Dynamics is an American robot company known for developing the quadruped robot 'Spot'. Boston Dynamics is to Google in 2013 acquisitions , but has been, Google is the sale from the fact that there was a question in such profitable decision . Acquired by SoftBank Group in 2017.

Softbank acquires 'Boston Dynamics' and 'Schaft' known for numerous robot developments --GIGAZINE

And on June 21, 2021, Softbank announced that it had sold control of Boston Dynamics to South Korean automobile giant Hyundai. Hyundai will hold an 80% stake in Boston Dynamics in this transaction, with the remaining 20% still held by a SoftBank Group subsidiary. In this transaction, the valuation of Boston Dynamics was announced to be 1.1 billion dollars (about 120 billion yen), but the specific sale price has not been disclosed.

In a press release, Hyundai said, 'Boston Dynamics is a solid leader in the development of mobile robots. Advanced robotics has the potential to have a positive impact on society and is an opportunity for rapid growth. Will provide. '

It was reported in December 2020 that Hyundai plans to acquire Boston Dynamics.

Hyundai to acquire Boston Dynamics, a robot company under Softbank, for 96 billion yen --GIGAZINE