Hyundai confirms its $1.1 billion acquisition of Boston Dynamics
December 12, 2020
Boston Dynamics is now officially part of Hyundai Motor Group. The Korean conglomerate has struck a deal with Softbank to acquire a controlling interest — an 80 percent stake — in the robotics company for $1.1 billion. Softbank will retain a 20 percent stake through one of its affiliates. The companies have been in talks since at least early November, and the deal is expected to be finalized…