Boston Dynamics reportedly set to become wholly owned by Hyundai
Hyundai Motor Group reportedly plans to acquire SoftBank's remaining 9.65% Boston Dynamics stake for $325 million, which would make Boston Dynamics wholly owned by Hyundai Group.
Evidence notes
- The planned purchase covers SoftBank Group's remaining 9.65% holding.
- The transaction would move Boston Dynamics from majority ownership to full Hyundai Group ownership.
Company context
Boston Dynamics builds high-performance mobile robots including Spot for industrial and field inspection, Stretch for warehouse trailer unloading, and Atlas for advanced humanoid mobility.