Hyundai to Buy Controlling Stake in US Robot-Maker Boston Dynamics From SoftBank in $1.1 Billion Deal

Chris K

Chris K

Chris K
Staff member
Jul 3, 2023
1,987
17
38
Hyundai has said that it will buy a controlling stake in Boston Dynamics from SoftBank in a deal that values the US-based robot maker at $1.1 billion (roughly Rs. 8,111 crores). Boston Dynamics, that spun out of Massachusetts Institute of Technology in 1992, was bought by Google in 2013 and sold to SoftBank in 2017.

Continue reading...