
Hyundai Reportedly Eyeing Full Ownership of Boston Dynamics
Hyundai is said to be exploring a move to acquire the remaining stake in robotics firm Boston Dynamics from SoftBank, according to a report.
AfroEuropa Newsroom
AfroEuropa desk
Hyundai may be preparing to take complete control of Boston Dynamics, the robotics company known for its advanced mobile machines, according to a report from Engadget. The move would see the South Korean automaker acquire the portion of the business it does not already hold.
What the Report Says
Engadget reported that Hyundai is looking to buy out the full stake in Boston Dynamics from SoftBank, the Japanese conglomerate that previously held a significant interest in the robotics firm. If completed, such a transaction would place the robotics developer entirely under Hyundai's ownership.
Hyundai already has a substantial connection to Boston Dynamics, having taken a controlling position in the company in an earlier deal. A full acquisition would consolidate ownership and remove SoftBank's remaining involvement, though the specific financial terms of any prospective agreement were not detailed in the source coverage.
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