![]() ![]() Industry analysts say that chances are high for Hyundai Motor to acquire Boston Dynamics, given the synergy to be created by combining strengths of the two companies. By contrast, Hyundai Motor makes highly practical industrial robots intended for factory use. Videos of its creations have racked up millions of views on YouTube. SoftBank acquired the company from Google owner Alphabet in 2017 for an undisclosed sum.īoston Dynamics is known for technologically advanced but unprofitable machines such as “Spot,” a maneuverable dog-like robot. SoftBank declined to comment on the possible deal.īoston Dynamics is an American robotics company that was spun off from the Massachusetts Institute of Technology. Hyundai Motor didn’t confirm the report, but said: “As a global business entity, Hyundai Motor is continuously exploring various investment and partnership opportunities.”īoston Dynamics reportedly said its operations continue to “excite partners interested in exploring a deeper commercial relationship with our company.” 'Spot,' a maneuverable dog-like robot (Courtesy: Boston Dynamics) However, the terms of the transaction are yet to be finalized and a deal may not even materialize, they added. ![]() 10, citing sources familiar with the matter. The potential deal would give Korea’s largest automaker control over the US robot maker, Bloomberg reported on Nov. in a deal worth as much as $1 billion, as the South Korean automaker increases investments in future mobility. may acquire Boston Dynamics Inc., a US-based robotics company, from Japan’s SoftBank Group Corp. ![]()
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