Hyundai buys controlling interest in Boston Dynamics

It’s official. Boston Dynamics is becoming part of the Hyundai family (pending regulatory approval, naturally). The Waltham, Massachusetts-based robot maker confirmed in a press release today that the South Korean technology company is acquiring controlling interest. The deal, which values the company at $1.1 billion, gives Hyundai Motor Group an 80% stake, with SoftBank controlling … Continue reading Hyundai buys controlling interest in Boston Dynamics